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2014 European Car of the Year shortlist announced

Established in 1964, the European Car of the Year award was set up to celebrate a “single, decisive winner” each year among all new cars in Europe. So, now running into its fiftieth year, the shortlist for the landmark half-century award for the European Car of the Year 2014 has been announced. The seven runners and riders boast among them an interesting and varied mix of bodystyles, shapes, sizes and even powertrains.

Toyota Matrix likely to be dropped

Toyota will roll out Tundra and Corolla redesigns next year and will revise the RAV4, Avalon and Highlander, but there are some things the division probably won't do. For example, there is a strong possibility that the Corolla-based Matrix hatchback will not be renewed for the United States when the Corolla redesign comes next fall. "If we don't have the Matrix, it won't be the end of the world," said Toyota Division boss Bill Fay at the press introduction of the RAV4 in Phoenix.

Chevy Volt production stopped as sales falter

Chevy Volt production halted General Motors has announced that they’re halting production of the range-extender Chevrolet Volt as sales falter. The Chevy Volt is General Motors’ car of the future (and sister car to the Vauxhall Ampera) with a range extender engine and the ability to run on a plug-in charge. And GM proclaimed it as the future of the company and did everything they could to keep costs in check.