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Classic vs. Modern, Part One: Porsche 911 Carrera 3.2 or 2012 Kia Rio SX

A recent 220-volt shock administered by the $23K-plus window sticker of a loaded Ford Fiesta rental car made me think about what the same dollars would buy in a classic car, and what the relative cost of ownership would be. My favorite matchup doesn't even require as much coin as said fully accessorized rental Fiesta. The 2012 Kia Rio SX carries an as-tested-by-Autoweek price of $20,745.

2011 VW Jetta gets launched

The 2011 Volkswagen Jetta Volkswagen reckons that this latest Jetta is no longer a Golf with a boot to make a saloon but is instead a completely new stand-alone model, even though under its new skin – inspired by the VW NCC (New Compact Coupe) concept at New York this year – it sits on a stretched (by 70mm) Golf platform. To make the Jetta stand apart from its Golf sibling VW has fitted the Jetta with an all new dashboard with aluminium highlights and a leather trimmed steering wheel. All Jettas will come equipped with AirCon and CD stereo with touchscreen SatNav an option.

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.