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Watch the Corvette Z06 live reveal here

Chevrolet announced it will be video streaming the reveal of its much-anticipated 2015 Corvette Z06 from the Detroit auto show floor, and you can catch the whole event below. The preview starts at 9:30 am on Monday, January 13 and will also include the first official look at the upcoming C7.R Corvette race car. You may recall the spy photos of the Z06 we captured testing earlier this year, and the single teaser image Chevy released of the upcoming hi-po Corvette indicates some of the cosmetic changes.

4x4 prices rise sharply

FOUR-WHEEL-DRIVE cars are soaring on the used car market, according to car auction house British Car Auctions (BCA). Off-roader values rose by up to 16% in October as the first signs of winter emerged. With some medium-term weather forecasts highlighting a colder-than-average winter, BCA is predicting that 4x4 prices may keep rising.

Ferrari Enzo successor to make 920 hp

About a decade and a half after Porsche eschewed its lightness-and-small-displacement strategy and built a five-liter sports racer to take down Ferrari at Le Mans, a different sort of war kicked off between the two marques: a battle for supremacy in the super-supercar market. In 1984, Ferrari built a radically modified twin-turbo 308 GTB with an eye toward Group B road-racing rules. Porsche countered the resultant 288 GTO with the mighty 959, which launched at about the same time as the 288's successor, the practically skeletal and infinitely loopier F40.