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GM, SAIC to develop electric cars in China

General Motors will work with its joint-venture partner, Chinese carmaker SAIC Motor Corp., to develop parts and vehicle platforms for electric cars, the companies said on Tuesday. The automakers will use their existing joint venture in Shanghai, the Pan Asia Technical Automotive Center, as the home base to develop the electric car--aimed primarily at the Chinese market. GM says it plans to use the platform, components and technology from the project to build electric cars around the world for various markets.

2012 European Car of the Year shortlist announced

The shortlist for the 2012 European Car of the Year award has been announced today. There were 35 cars on the original list, but the first round of voting from the 59 jury members (including CAR Magazine’s editor Phil McNamara, and our European correspondent Georg Kacher) has whittled the list down to just seven. They are… • Citroen DS5• Fiat Panda• Focus Focus• Opel (Vauxhall) Ampera/Chevrolet Volt• Range Rover Evoque• Toyota Yaris• Volkswagen Up There will now be a second round of test drives, before the European Car of the Year jurors submit their scores and a winner is announced live at the Geneva motor show on 5 March 2012.

Lotus not liquidating

When a storied car brand moves only 137 units in a year in the UK and 242 in the US, predictions of said marque's demise carry a certain amount of weight -- 137 is not exactly a number that makes an automaker too big to fail. When the manufacturer in question shows up on a government list of companies to be shut down, brand-enthusiast hearts get heavy; the early stages of mourning kick in. But when the company in question is Lotus, the enthusiast thinks to himself, “Eh, they've been in dire straits before.