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Single-seat Colibri electric vehicle set for 2015 launch

If the 2014 Geneva Motor Show heralded the dawn of a new age of small cars, then the tiny Innovative Mobility Automobile (IMA) Colibri is well placed to take advantage of this new era. The Colibri – which means hummingbird – is a small, single-seat, three-door electric vehicle that’s set to go on sale later this year. Prices for the entry-level Colibri are set to fall well below €10,000 (£8,340) plus battery rental charges, meaning it could go head-to-head with the likes of the new Citroen C1, Peugeot 108 and Toyota Aygo.

Toyota FT-1 Concept revealed – it’s a new Toyota Supra (video)

Toyota FT-1Concept revealed – it’s a new Toyota Supra Toyota teased us with a concept photo back in December that looked like it was previewing a Supra for the 21st century, and it’s been revealed today at the Detroit Auto Show as the Toyota FT-1 Concept. The FT-1 Concept is the result of Toyota’s Calty design studio in California to create the ultimate sports car and, say Toyota, is a strikingly modern design that makes reference to past Toyotas like the  2000GT from the 1960s. Toyota aren’t making any claims for the FT-1′s powertrain yet (FT stands for ‘Future Toyota’ and the ’1′ the ultimate) and comes with a front engine/ rear wheel drive configuration, with a cockpit set back within the wheelbase and wraparound screen.

GM to invest $230 million in four Michigan plants to build Chevrolet Volt, Cruze

General Motors Co. said Tuesday it will invest more than $230 million in four plants around Flint, Mich., to help build the 2011 Chevrolet Cruze compact and the Chevrolet Volt plug-in hybrid sedan. The move will restore about 500 jobs, GM said in a statement.