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Aston Martin drops Cygnet city car
Mon, 30 Sep 2013Autocar is reporting that the diminutive Aston Martin Cygnet has been dropped from the company’s portfolio. The automaker, now owned by Prodrive and private equity firm Invenstindustrial, will focus on its “core product range,” also known as “good cars.” Autocar posits that the justification for the Cygnet was to continue producing V8 and V12 cars, while keeping its average CO2 emissions down. The Cygnet shared bones with the Toyota iQ city car and used a 97-hp, 1.3-liter engine and got 58.9 mpg using the U.S.
Tesla Model S outselling Chevrolet Volt & Nissan LEAF
Sat, 27 Apr 2013Tesla never managed to make any money out of their electric Lotus – the Tesla Roadster – but it does look like they’re on to a winner with their electric executive saloon, the Tesla Model S. Despite moans that the headline-grabbing sub-$50k Model S was never a reality – and a starting point of $70k – the Model S looks set to outsell the two most successful ‘alternatively fuelled’ cars – the electric Nissan LEAF and the range extender Chevrolet Volt – in the first quarter of 2013. Sales of the electric Nissan LEAF, which costs from $29k in the US, in the first quarter of 2013 were 3,965 units and the Chevrolet Volt, which costs from $40k, sold 4,421 units.
Money woes may keep Converj from market
Mon, 19 Jan 2009General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. GM revealed the coupe, which would use the same technology as the Chevrolet Volt plug-in hybrid, last week at the auto show here. GM designed the Converj so the production version--if it ever happens--will look "exactly like this," says Bob Lutz, GM's vice chairman of global product development.