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UK buyers plugging into electric cars

Renault New figures suggest UK motorists are charged up about electric vehicles (EVs), with a record number of zero-emission cars now on Britain’s roads. Figures released by the Society of Motor Manufacturers and Traders (SMMT) suggest there are more than 10,000 electric cars on the road today, with as many as 1,200 EVs sold in March alone. In the midst of an EV revolution Compare that to the lowly 270 that were sold during the same month in 2013 and it becomes hard to argue that we’re not in the midst of an EV revolution, especially when you combine the figures with the 10,200 hybrid cars sold so far in 2014, up by 45% on last year.

Hyundai wins Red Dot design award for New Genesis & New i10

The Hyundai Genesis (left) and Hyundai i10 have won the Red Dot design Award Oh, how things change. It’s not long since Hyundai’s USP was the cheapness of its cars, but those days are now gone; Hyundai now competes head to head with mainstream makers as the strength of its products improves with every new model and its designs make Hyundai appealing without resorting to bargain basement headline prices. That has been perfectly illustrated with the Red Dot Design awards for both the new Genesis and the new Generation i10, both of which have received the Red Dot Design award – a first for Hyundai.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.