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Corvette Central: Revamped C7, radical mid-engined C8 in GM's plans

General Motors is mulling a radical re-engineering for the Chevrolet Corvette, centered on a more fuel-efficient, mid-engined V6 powertrain, a lightweight alloy body and a more compact footprint. The idea is to re-energize GM's ambition for the Corvette, with fundamental changes that will make it into a contemporary global supercar. The changes are penciled into GM's product plan for the next major model change, the C8, with an on-sale date around 2016.

Jaguar XJ sedan revealed, reaches U.S. showrooms in December

With entertainer Jay Leno acting as host, Jaguar has taken all of the cloaks off the redesigned XJ sedan. Jaguar said the new XJ will go on sale in the United States in December and will carry a base price of $72,500, including shipping charges. The new XJ will be sold in standard- and long-wheelbase versions.

Alan Mulally joins ‘Innovation power panel’ Keynote at CES

An ‘Innovation Power Panel' Keynote was the highlight of the second full morning of the 2012 Consumer Electronics Show (CES) in Las Vegas. Underlining the importance of this event to the automotive industry, and the importance and weight the automotive field now carries in the consumer electronics sphere, Alan Mulally – President and CEO of Ford motor company – was part of a three-person panel exploring how companies innovate, cope with failure and the relentless pace of change in the electronics world. Mulally was joined by Ursula Burns, Chairman and CEO of Xerox Corporation and John Stratto, Enterprise Executive at Verizon, the US telecoms company.