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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.

Lotus Evora does special duty for Italian Carabinieri

In a tip of the hat to Britain, the Italian Arma dei Carabinieri, a division of the army charged with civilian police duties, accepted two new Lotus Evora S models for special duty. The headquarters of the Carabinieri in Rome hosted a ceremony culminating in the Evora twins being turned over by Group Lotus CEO Dany Bahar. “Everyone knows that Italy has more than its fair share of high-profile sports-car manufacturers, so it’s a real honor for a relatively small British brand to be in this position,” Bahar said.

Cabbie trials smartphone-only payment

A LONDON cab driver has become the first to accept payment only from a mobile phone app as part of a new trial. Ian Cable will only accept payment via the Barclays PingIt app during the five-day trial, following on from also being the first cabbie to use chip and pin as a form of payment back in 2004. "I am very excited to take part in this trial,” said Mr Cable.