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Official: New Corvette Stingray turns 12-second quarter-mile

The 2014 Chevrolet Corvette Stingray with an available performance package has been rated as the best performing standard Corvette to date. The 2014 Vette with the performance-exhaust system can make the 0-60 sprint in 3.8 seconds. Braking from 60-0 mph takes just 107 feet, and the Stingray can sustain 1.03g in cornering.

GM's Lutz to retire May 1

General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.

Subaru Canada reveals ‘Driving Confidence’ contest winners

Subaru Canada has revealed the top three designs from its ‘Driving Confidence' competition. The Canadian division of the company collaborated with the artist web site deviantART and called for "original creations that celebrate the bold design, superior handling, and meticulous engineering that Subaru vehicles are renowned for." The challenge asked for competitors to push their creativity "to the limit", which many of them did with some impressively-abstract designs. The winner won $2,500 for "Born to Rally in the Snow," the second place received $1,000 for "Unleash the Beast," while third place was awarded $500 for "Subaru Slot Car Set." The runner-up was "Subaru Impreza WRC Rally 'The Pass 2'." All of the submissions are being displayed at Subaru's booth at the Canadian International Auto Show in Toronto and in the gallery above.