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General Motors spending $131 million to upgrade Corvette plant

General Motors is spending $131 million on its Bowling Green, Ky., assembly plant to prepare it to build the next-generation Corvette. The plant will spend the money on manufacturing equipment, specialized tooling and plant updates, said Mark Reuss, GM's president of North America. The plant will add about 250 jobs, which will boost its workforce by about 50 percent, to about 750 workers.

Chevy, Michigan Tech unveil a different kind of racer

At the 113th Army-Navy Game on Dec. 8, Chevrolet and students from Michigan Technological University unveiled a new hand cycle designed to make it easier for wounded vets to compete in racing events, including marathons. General Motors CEO Dan Akerson said GM will build 10 prototypes for use by the Achilles Freedom Team of Wounded Veterans in marathons across the country.

Geneva Show 2014: City Car Trio Get A Makeover

IT’S all change at Peugeot, Citroen and Toyota as the trio of manufacturers have simultaneously launched new versions of their popular city cars. The 108, C1 and Aygo respectively have been moved upmarket with higher quality cabins and an exterior design revamp. Keen to keep pace with the likes of Volkswagen’s acclaimed up!, all three car makers have decided to boost cabin ambience, kit and quality.