Honda Fit 2003 Rear Drum [0044480] on 2040-parts.com

The €2000 car

By Tim Pollard Motor Industry 15 June 2007 08:28 The market for bargain basement cars costing as little as €2000 (£1400) is about to grow dramatically. CAR Online is reporting from Bosch’s annual technology seminar all week – and we grilled the bosses at the world’s biggest components supplier to find out about the soaring demand for cars priced under €7000 (£4900). Bosch’s president of gasoline systems, Wolf-Henning Scheider, said: ‘According to our estimates, this vehicle class will reach a share of 13 percent of the world market in 2010.

Fisker Karma does 62mpg. Or 24mpg. Officially.

Fisker Karma - from 24mpg Yes, you read that right. The Fisker Karma now has official economy figures from the EPA in America so it can go on sale in the States. But didn’t Leonardo Do Caprio get the first Karma sold in the US back in July?

GM to launch Chevrolet van in global markets

Chevrolet plans to launch a family van soon in several global regions, GM Vice Chairman Tom Stephens said Tuesday in showing analysts GM's future product plans. General Motors will base the van on its global compact-car architecture, said Stephens, who heads product development. He showed a picture of the van to analysts at a company presentation Tuesday, but his slides were not made available to members of the media.