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Ford Shelby GR-1 concept shown at Pebble Beach Concours d'Elegance

 Ford is taking the occasion of the Pebble Beach Concours d'Elegance to unveil the Ford Shelby GR-1 concept, calling the new sports car a salute to 'performance art'. The GR-1 is a uniquely emotional American sports car design that makes a bold statement about Ford's performance future. "The Ford Shelby Cobra concept was a small step in our plans for the Ford GT supercar architecture and our relationship with Carroll Shelby," says J Mays, Ford Motor Company group vice president of Global Design.

Lotus's glimmer of hope: Proton stands by Hethel

After another painful year of sales for Lotus in the UK – down 58% on 2011 - Norfolk's beleagured sports car brand has kicked off the New Year with the grand unveiling of its new flagship Malaysian showroom, and the thumbs-up from senior Proton company suits that Lotus isn't on its last legs. The announcement comes in the same week Lotus’s sales figures were released for 2012. Showing a substantial 58% decrease in sales and selling just 137 vehicles, Lotus Cars was the worst performer in the UK with a woeful 0.01% share of the market.  Are Lotus's Malaysian owners sticking by the company?

Chevrolet offers Corvette buyers the opportunity to build the engine for their cars

WITH VIDEO -- Chevrolet Corvette buyers can already take delivery of their car at the National Corvette Museum, get professional driver training and watch their cars being built. Now, General Motors will let them build the engine. GM is offering buyers of the 2011 Corvette ZR1 and Z06 models the chance to build the engines for their cars.