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Aston Martin's £20k Cygnet city car concept (2009) : first official pictures

Aston Martin's £20k city car By Ben Pulman First Official Pictures 29 June 2009 09:00 This isn’t a joke, but a concept for Aston Martin’s new £20k city car. Called the Cygnet, it’s a tiny Toyota iQ-based commuter car redesigned inside and out, and will be sold to existing and future Aston owners from the end of 2010. Well, an Aston city car.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

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.