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General Motors spending $131 million to upgrade Corvette plant
Wed, 04 May 2011General 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.
Saab targets German luxury foes with a new 9-5
Wed, 16 Jun 2010The redesigned 2010 Saab 9-5 Aero sedan is big, filled with technology, and designed and engineered to compete with the Audi A6 and the Mercedes-Benz E-class sedans. “The new Saab demonstrates that we are alive and kicking,” said Victor Muller, CEO of Spyker Cars NV, the Dutch sports-car maker that purchased Saab from General Motors Co. in February.
Just how much do F1 drivers earn?
Fri, 01 Jun 2012Business Book GP has published a list of Formula One drivers’ income for piloting their cars round the world’s F1 Grand Prix circuits. Just how much do the drivers of Formula One cars get for risking their lives (well, that may be a bit of an overstatement in 2012) in pursuit of a victory on the track? It seems anything from €150k to €30 million is the spread.