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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.

Hyundai to eschew electric cars

Hyundai Blue2 is Hyundai's future - not electric cars We were beginning to think that we were a lone voice in the wilderness crying about the futility of the headline dive in to developing electric cars. But we’re not – Hyundai has decided to eschew electric car development. Hyundai has declared that in future they are to concentrate on hybrid car development (which we still feel offers a negative cost/benefit advantage for cheaper cars) and hydrogen fuel cells – of which we approve enormously.

Sergio bows at Pininfarina Tribute Rally

Pininfarina showed its Sergio barchetta concept at an event in the UK last week where the main aim was to set a record for the largest number of Pininfarina cars gathered in a single location. As Autoweek went to press, the total was nudging towards 200, an early audit of the delectable selection of machinery arranged on the lawns around Hurtwood Park Polo Club suggesting at least 180 cars with more still to report. “We're hoping to get over the magic 200, but will have to wait and see,” said Gary John on behalf of the organizers, Brokersclub.