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Chevrolet Mi-ray Concept Seoul Debut

The Chevy Mi-ray - a two-seater hybrid roadster GM are big in Korea, make no mistake. Well, South Korea, certainly. So big are Chevrolet in Korea that they rank only behind indigenous makers Kia and Hyundai, and Seoul is GM’s world centre for small cars – think of stuff like the Chevrolet Cruze and Chevrolet Aveo.

McLaren MP4-12C Spider (2012) first official pictures

For the naysayers who continue to decry McLaren's MP4-12C for a supposed lack of visual and visceral drama, the British supercar maker has unveiled this: the new 2012 McLaren MP4-12C Spider. Mechanically identical to the newly updated MP4-12C coupe, the Spider gets a unique retractable hard-top to keep out the rain, just in time for its wintry lanch in November 2012. How is the McLaren 12C Spider's folding roof unique?

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.