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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.

Stile Bertone goes independent

Stile Bertone is to forge an independent future under a new managing director by splitting with its coachbuilding arm and following a new business strategy. The changes were rubber-stamped at a meeting in Turin on Monday. The new managing director is former Aprilia CEO Teresio Gaudio, who has been a consultant to the Bertone family while the future of the business was sorted out.

Stunning classics at the inaugural Arizona Concours

While the rest of the country dug out from the Polar Vortex, Phoenix was applying SPF30, adjusting its straw boater hat and parking a collection of beautiful cars on the lawn of its historic Biltmore hotel. The inaugural Arizona Concours launched Jan. 12 and featured 76 beautiful cars spread out on the Arizona Biltmore's perfectly manicured lawn.