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Chevrolet to pull out of Europe

General Motors is ‘strengthening’ its ‘European brand strategy’ by pulling Chevrolet out of mainstream markets in Western and Eastern Europe. This is ‘largely due to a challenging business model and the difficult economic situation’ – but does not mean that Chevrolet is set to disappear entirely. On Bing: see pictures of European Chevrolets Find out how much a used Chevrolet costs on Auto Trader Instead, Chevrolet ‘tailor its presence’ by offering only select ‘iconic’ vehicles from the marque’s global portfolio.

Toyota to build Tesla-powered RAV4 EV in Canada

Toyota RAV4 EV - Made in canada There was a bit of a kerfuffle last month when a Toyota man went on record to say that Toyota would not be making an electric RAV4 that you and I could buy and that instead the electric RAV4 would be “…focused on very strategic applications”. We took that to mean business fleets. But it soon transpired that the Toyota man - Toyota’s National Business Planning Manager – has not been speaking with the authority, and Toyota were quick to respond by saying “…2012 RAV4 EV will definitely be sold to the general public”.

Magnum MK5 to debut at Boca Raton Concours

New supercar-company releases hit our email inboxes almost as much as news about natural male enhancements does. Mostly, we pay them no mind; the majority of these “upcoming” hyper-hyper cars never make it out of the computer-rendering phase. But when a company claims Formula One driver Gilles Villeneuve as one of its first customers, we take notice.