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Electric Kia Soul planned for 2014

Kia has revealed that they will offer a battery electric version of the next generation Kia Soul when it arrives in 2014. Hyundai may have seen the light and decided the future for cars lies with hydrogen fuel cell cars and not battery electric cars, but sister company Kia thinks differently. It seems an odd polarity for the Korean siblings to take different routes to the future of powertrains for cars, but perhaps it’s just a case of hedging bets rather than an inability by Kia to see how impractical the BEV is as a replacement for a normal ICE car?

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.

General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.