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£500m scheme introduced to boost electric car ownership

Newspress Deputy prime minister Nick Clegg is today launching a £500 million scheme to boost electric and hybrid car ownership in the UK.   Perks for electric car drivers The funding will provide extra perks to encourage more drivers to trade in their old, conventionally powered cars for electric or hybrid vehicles. Councils will be able to apply for funding if they come up with plans to encourage people to ditch their petrol and diesel cars – for example, by offering free parking to electric vehicles and giving them the right to drive in bus lanes.

GM puts Girsky in charge of Europe operations

General Motors has put vice chairman Steve Girsky in charge of its troubled European operations, replacing Karl-Friedrich Stracke. GM said that Stracke will handle special assignments from chairman Dan Akerson. GM said Girsky will serve as "acting head" of its European operations while it searches for a replacement executive.

U.S. vehicle sales rise 2 percent in April

UPDATED: U.S. light vehicle sales rose 2 percent in April to 1.2 million units, slightly above analysts' expectations, as consumers continued to snap up new cars and other fuel-efficient models at a faster clip than trucks and SUVs. In another sign the U.S.