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.

Barrett-Jackson sells Cobra Jet prototype for $200,000

A 2014 Ford Mustang Cobra Jet Prototype sold for $200,000 at the Barrett-Jackson Las Vegas sale. Proceeds from the charity sale will benefit the National Multiple Sclerosis Society. That price is more than $100,000 over sticker for the Cobra Jet, which usually retails for $97,990.

Land Rover reveals amazing ‘invisible bonnet’ technology

The Land Rover Discovery Vision Concept car will debut groundbreaking ‘virtual bonnet’ technology that uses augmented reality to make the front of the car invisible. The new tech is part of a range of technology features to be revealed on the firm’s New York Motor Show star car next week (16 April). Land Rover Discovery Vision Concept (2014): first glimpse Land Rover Discovery family to grow with new models It uses cameras located in the grille to capture what the car will drive over – and then uses powerful processing software to feed this into a head-up display.