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GM to build electric motors in-house

General Motors will develop and build electric motors for a rear-wheel-drive hybrid to launch in 2013. GM claims to be the first major U.S. automaker to produce electric motors in-house and says it is investing $246 million in the project.

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.

Renault puts a price on the 2012 Twingo Facelift

2012 Renault Twingo costs £10,350 The facelift for the 2012 Renault Twingo debuted at Frankfurt, and Renault has now put a price on their new baby – £10,350. The facelift for the 2012 Renault Twingo is not the most comprehensive overhaul you’ll eve see in a car, consisting mainly of a new nose reflecting more current Renault design, a tiny tweak round the back and a few new colour options. But then the 2012 Twingo is really just a stop-gap until a SMART-based Twingo arrives – probably in 2013 – and as such does its job; making the Twingo look a bit fresher.