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2016 Chevy Camaro Convertible coming on June 24

With the new sixth-generation Chevy Camaro now upon us, Chevrolet is gearing up to drop the top on the new 2016 Camaro Convertible, previewed in this latest teaser video. There isn't much to go on from this short clip – the new convertible will feature a fully automated folding roof that will retract at the push of a button. Beyond that, we expect it to carry over the same features as the hardtop version we've already seen. Chevy is due to unveil what it calls "the most innovative Camaro Convertible ever" just a couple of days from now, so watch this space.

5 reasons why GM is cutting jobs, closing plants in a healthy economy

DETROIT — Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. It's the new reality for automakers that are faced with the present cost of designing gas-powered cars and trucks that appeal to buyers now while at the same time preparing for a future world of electric and autonomous vehicles. GM announced Monday that it will cut as many as 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles. The reductions could amount to as much as 8 percent of GM's global workforce of 180,000 employees. The cuts mark GM's first major downsizing since shedding thousands of jobs in the Great Recession. The company also said it will stop operating two additional factories outside North America by the end of next year. The move to make GM get leaner before the next downturn likely will be followed by Ford Motor Co., which also has struggled to keep one foot in the present and another in an ambiguous future of new mobility. Ford has been slower to react, but says it will lay off an unspecified number of white-collar workers as it exits much of the car market in favor of trucks and SUVs, some of them powered by batteries. Here's a rundown of the reasons behind the cuts: Coding, not combustion CEO Mary Barra said as cars and trucks become more complex, GM will need more computer coders but fewer engineers who work on internal combustion engines. "The vehicle has become much more software-oriented" with millions of lines of code, she said. "We still need many technical resources in the company." Shedding sedans The restructuring also reflects changing North American auto markets as manufacturers continue to shift away from cars toward SUVs and trucks. In October, almost 65 percent of new vehicles sold in the U.S. were trucks or SUVs. That figure was about 50 percent cars just five years ago. GM is shedding cars largely because it doesn't make money on them, Citi analyst Itay Michaeli wrote in a note to investors. "We estimate sedans operate at a significant loss, hence the need for classic restructuring," he wrote. The reduction includes about 8,000 white-collar employees, or 15 percent of GM's North American white-collar workforce. Some will take buyouts while others will be laid off.

2015 Chevrolet Colorado GearOn Edition is ready to do that outdoorsy thing

Bikes, skis, kayaks... the Chevrolet Colorado GearOn is ready to accommodate all of them, thanks to a trip to the Bowtie's accessories catalog. The special edition Colorado features the basics of Chevy's GearOn accessories, including a bars package, bed divider and tie-down rings, which can be supplemented with other accessories to haul all manner of outdoor equipment. Beyond that, though, Chevy has fitted a few other items to lift up the Colorado's styling, including gloss-black 18-inch wheels, black Bowtie emblems, a body-color grille, off-road assist steps and front foglights. It's a tidy little update to the compact truck's still-fresh styling. Check it out in our full gallery of live images, direct from the Chicago Auto Show. Related Video: Featured Gallery 2015 Chevrolet Colorado GearOn Edition: Chicago 2015 View 14 Photos Related Gallery Chevrolet Colorado GearOn Special Edition Image Credit: Live photos copyright 2015 Drew Phillips / AOL Aftermarket Chicago Auto Show Chevrolet Truck Videos Chicago