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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.

New Zenos E10 British sports car revealed

If you’ve not heard of Zenos Cars, don’t worry – the firm is only a few months old after all. But despite its relatively fledgling nature, the company has got big plans for its new E10 sports car. It’s aiming to take on Lotus, Ariel and Caterham for the lightweight British sports car crown, and with former Caterham chief executive officer Ansar Ali and chief operating officer Mark Edwards – along with ex-Caterham employee Chris Weston – Zenos has certainly got the expertise to succeed.

VW Beetle R Concept revealed

VW Beetle R Concept arrives at Frankfurt We did speculate back in June that Volkswagen were planning on giving the new VW Beetle some butch credentials by endowing it with a new performance range-topper – the VW Beetle R. And today at Frankfurt the new hot Beetle takes a bow. VW are dubbing the Beetle R Concept, but it’s clear that they want the new Beetle to be perceived as more appealing to men as well as women; to those who enjoy the drive as well as to those who buy a car to make a style declaration.