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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.

Webinars: Realism & Product Correctness in Realtime from RTT

The quality of 3D visualization has improved markedly in recent years as a result of new algorithms – allowing design decisions to be made on the basis of virtual models. Products, including the interior and exterior design of a vehicle, can now be portrayed very realistically using high-end visualization software. This webinar, entitled 'Realism & Product Correctness in Realtime', demonstrates how product lifecycles in the automotive industry – which range from design, development and production through to marketing and sales – is becoming increasingly digital.

Concept Car of the Week: Toyota EX-7 (1970)

Imagine the roads of today filled with colorful mid-engined two-seaters. That would make your daily commute a lot more exciting, wouldn't it? This was Toyota's optimistic vision in 1970 when it presented the EX-7 concept at the Tokyo Motor Show, a high-speed touring car designed for intercity transportation in the near future.