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2014 Chevrolet Volt gets a $5,000 price cut

General Motors is cutting the Chevrolet Volt's price by $5,000 amid price pressure from rival electrified vehicles. The sticker price on the 2014 Volt, which will arrive at dealerships this month, will be $34,995, including an $810 destination fee. That drops the effective price to $27,495, after applying the $7,500 federal tax credit for the plug-in hybrid.

Mitsubishi XR-PHEV Evolution for Gran Turismo 6 brought to life (video)

The Mitsubishi XR-PHEV Evolution for Gran Turismo 6 brought to life The lines between reality and virtual reality are becoming ever more blurred as so much of our lives play out on line, and nowhere more so than with concept cars. The latest virtual reality car brought to some sort of real world life is the Mitsubishi XR-PHEV Evolution Vision Gran Turismo concept (much like the VW GTI Roadster we saw recently) which is being made available for Gran Turismo 6. Sadly, the XR-PHEV Evolution is just a concept and isn’t intended to proclaim the future of the Mitsubishi EVO, even though it’s an enticing thought.

Chevrolet touts the 2012 Sonic's 40-mpg highway rating

With an EPA-rated 40 mpg on the highway, Chevrolet is calling its 2012 Sonic one of the most fuel-efficient small cars on the market. Chevy says that 40-mpg rating puts the Sonic right on par with the 2012 Ford Fiesta and the Hyundai Accent in terms of eco-friendliness. In city driving, the 1.4-liter turbocharged Ecotec engine gets 29 mpg.