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GM sets price on Chevrolet Corvette Competition Sport package

Chevrolet has set the sticker price for the Corvette Competition Sport packages it announced last week. Be prepared to spend $55,655 for a Corvette coupe with the 1LT trim level and the Competition Sport package. Adding the package to the Corvette Z06 with the 1LZ trim brings the bottom line to $74,775.

Seven-seater for Cadillac?

Cadillac won’t comment, but it’s all over the Web that General Motors’ luxury division will get a version of the seven-seat sport-utility known internally as Lambda--externally known as the Chevrolet Traverse, the Buick Enclave and the GMC Acadia. No word on the Cadillac’s engine, but the other variants are powered by a 3.6-liter V6 varying in horsepower from 281 hp to 288 hp. Lambdas sell well, with more than 70,000 sold so far this year.

Jaguar & Land Rover to share more platforms. But you already knew that.

As Jaguar and Land Rover expand their model range and move to aluminium construction, they plan to share more platforms. Jaguar has been using an aluminium platform for the XJ for some time – long before the latest XJ came along. The aluminium platform the XJ uses is just the start for Jaguar Land Rover, as we reported back in 2009, and it seems that JLR are planning to use the move to aluminium underpinnings to cut their platforms to just two or three.