Corvette Autumn: Will the Next New Vette Be the Last?

Last week, the auto paparazzi brought us pictures of the prototype 2013 Corvette, which will apparently reprise the classic Vette formula. But in an era of high gas prices and tightening environmental regulations, how much longer can GM's horsepower party last?

Biz Brief: Electric Car Maker Tesla Plans $178 Million IPO

Tesla Motors hopes to raise about $178 million in what would be the first IPO by an American auto company since 1956. The Palo Alto, Calif.-based electric car company plans to price its shares between $14 and $16, according to a Tuesday SEC filing.