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New 2014 Corvette Stingray gets 29 mpg highway

Chevrolet has been dropping stats about its new Corvette every so often, and the latest to come down the pike are its fuel economy ratings. The Corvette Stingray's EPA estimated rating of 17 mpg in the city and 29 mpg on the highway makes it 11 percent more fuel efficient than the previous Corvette. These ratings are for the Corvette equipped with the all new seven-speed manual transmission.

Video: Jaguar XF clay model gets axed

Jaguar recently gave a trio of clay modelers the task of deconstructing the original model of their carefully and lovingly sculpted XF sedan by handing them axes and sledgehammers in front of a camera crew. The modelers – dressed in black t-shirts and jeans – are shown taking apart the model piece by piece, perhaps taking out their frustration with designers who feel the need to get a little too hands-on with their artisan handiwork. Perhaps some other car manufacturers could using this as inspiration to destroy some of their cars, maybe – naming no names – before reaching production.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.