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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.

Chrysler Bankrupt – Fiat the great hope

Chrysler go bankrupt - Fiat to the rescue [ad#ad-1] So the inevitable has happened. The first of the big three to go bust is Chrysler, now officially in Chapter 11 Bankruptcy. But it’s not all doom and gloom.

McLaren MP4-12C SGP Edition

A trio of special edition McLaren MP4-12C have been commissioned from McLaren Special Operations by Singapore car dealer Wearnes Automotive. We’ve had quite a flurry of activity from McLaren lately , what with the UK debut of the 12C Spider, the McLaren X-1 based on the 12C by McLaren Special Operations (MSO) and the big one – the new McLaren P1. The McLaren P1 is the headline act for a golden halo for McLaren, but the MP4-12C and McLaren Special Operations are the main source of income for now – or at least until the ‘Baby’ McLaren to take on cars like the Audi R8 and Porsche 911 arrives in a couple of years time.