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Hendrick pays $1 million for first 2014 Corvette Stingray convertible

The first 2014 Chevrolet Corvette Stingray convertible sold Friday for $1 million at the Barrett-Jackson auction in Palm Beach, Fla., to car dealer and NASCAR team owner Rick Hendrick. Hendrick now has a pair of the seventh-generation Corvette after purchasing the first coupe for $1.05 million in January. Proceeds from the sale will benefit the Barbara Ann Karmanos Cancer Institute.

Honda FCEV hydrogen Concept teased for Los Angeles Auto Show

Honda FCEV hydrogen Concept teased for Los Angeles Auto Show Car makers are all starting to vie for a piece of the hydrogen-powered market for road cars that is starting to develop, and Honda is now joining the fray with the Honda FCEV Concept. The Toyota FCV has already been revealed as debuting at the Tokyo Motor Show and now Honda are in on the act with their own FCEV heading for a debut at Los Angeles later this month. Honda say the FCEV Concept previews a 2015 production model for the US and Japan – and other markets later – and comes more than a decade after Honda first started leasing hydrogen fuel cell cars to a handful of fleet users.

Ford outsells GM for second time since 1998

Ford Motor Co. outsold rival General Motors in the United States last month for the second time since 1998. Ford, aided by a 21 percent jump in truck sales amid rising gasoline prices, said today it sold 212,295 light vehicles last month, or 5,674 more than GM.