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Chevrolet touts Corvette 427 convertible with race driver Tommy Milner

The 2013 Chevrolet Corvette 427 convertible doesn't need any hype--the 505-hp V8, a 0-to-60-mph time of 3.8 seconds and a top speed in excess of 190 mph make a strong statement. Nonetheless, Chevrolet has enlisted the help of Corvette Racing driver Tommy Milner in a trio of 90-second videos to tout the 427 convertible. In our favorite, Milner talks about the car's aerodynamics, including the optional carbon-fiber splitter, that help keep the car glued to the ground for better control.

Caterham Cars launches engineering business

Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.

Production of the Porsche Boxster/Cayman rolls past 300,000

Nearly 15 years after Porsche spawned the much-adored Boxster and its hardtop cousin, the Cayman, production of the two-seater has passed 300,000 copies. For Porsche, that's a major milestone. But it's a relatively small number compared with high-volume models.