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GM spending $336 million on plant upgrades for Volt production

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. The plant will begin building Volt prototypes next spring, using the Hamtramck plant's existing production line. Production of saleable vehicles begins next fall.

Chrysler-Fiat deal would spawn new look for U.S. automaker

As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler. Among the options being discussed is a direct role in Chrysler's operations for Fiat CEO Sergio Marchionne--possibly even the chief executive's job.

Peugeot EX1 electric concept car (2010) first pictures

This is the Peugeot EX1, a two-seat electric roadster concept car built to celebrate the French brand’s 200th anniversary. And the EX1 will let Peugeot usher in its bicentennial in style as it’s just notched up a number of electric car world records. It’s almost entirely carbonfibre, and the rear-hinged doors contain the seats, so you sit on the buckets before swinging your whole body into the metal and leather-lined cockpit.