General Motors Co announced that they will invest millions into revamping a Kentucky factory to produce a new version of the iconic Chevrolet Corvette sports car, the automaker said on May 4.
"It has a completely different look. Don't ask me how or what, but people will be really surprised, in a good way," GM's North American president Mark Reuss told Reuters.
GM would not say when the new Corvette would be introduced, but automotive insiders have speculated that it will make its debut in 2013.
The automaker will invest $131 million in the Bowling Green, Kentucky plant to retool the factory for production of the seventh generation of the Corvette.