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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.

Suzuki Wagon R and Mazda AZ Wagon

Suzuki and Mazda have released one of the most important Japanese domestic market vehicles in recent years with the fully redesigned Suzuki Wagon R and Mazda AZ Wagon. Although relatively unknown outside the domestic market, with numerous tax breaks and low CO2 emissions, the kei-car (micro mini) is the largest and the most competitive segment in Japan, making up six of the top ten best-selling cars this year. The previous generation Wagon-R was the best-selling domestic passenger car for the last five consecutive years.

1933 Plymouth Coupe set for Scottsdale auction

A 1933 Plymouth Coupe Street Rod will cross the block at the Russo and Steele Collector Automobile Auction, Jan. 19-23, 2011. Custom-built by Bob K's Classic Restorations in Spirit Lake, Iowa, this street rod has more than $100,000 invested into it.