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Analysis: why GM is pulling Chevrolet out of Europe

The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.

Toyota Prius Plug-in price & options: Costs £32,895

Toyota Prius Plug-in - arrives in July & costs £33k The Toyota Prius Plug-in finally arrives in July 2012 and will cost £32,895 in a single spec plus a range of options. Toyota has been promising the Prius Plug-in would arrive in Toyota UK showrooms for quite some time and it looks like they’ve managed to pin that down to July. Probably.

Land Rover Defender to be built in Sri Lanka

The Land Rover Defender is to be built outside the UK in a new plant in Sri Lanka to produce Defenders for the region. Land Rover are assisting and training staff at a new assembly plant in Hambantota, Sri Lanka, run by Sathosa Motors PLC in a 50-50 deal with Land Rover distributors SML Frontier Automotive, with $1 million being invested to get the project up and running this year. It seems clear from the level of investment that this is simply an assembly operation using CKD kits from the UK for the Defender, but Sri Lank’s Daily News is reporting that there are plans to invest $500 million in the project.