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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.

Crash scams warning to drivers

MOTORISTS have been urged to be on the look-out for criminals staging crashes with their vehicles to make money out of insurance claims. Experts said Bradford and Birmingham were the most likely places for innocent drivers to be caught up in "Crash for Cash" scams but Bolton, Manchester, London, Liverpool and Halifax are also hotspots, and staged accidents can happen anywhere and any time. The Insurance Fraud Bureau (IFB) and Crimestoppers appealed for information on those making bogus claims, in a crime that collectively costs policyholders more than £390 million every year.

Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.