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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.
BMW M5 Concept: Official
Mon, 04 Apr 2011BMW M5 Concept - now it's official It was a pretty safe bet that after we revealed the 2012 BMW M5 photos yesterday that BMW would react by revealing some official photos and a bit more information. And they have. So, ahead of the Shanghai Motor Show, we get official photos of the BMW M5 Concept which is – to all intents and purposes – the finished car.
De Tomaso sold by Rossignolo
Thu, 09 Feb 2012De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.