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Electric car sales DOWN 20% in 2012 – time to scrap subsidies for EVs?

The SMMT are reporting that sales of electric cars in the UK have fallen by 20 per cent in the year to date (2012). Despite every green evangelist proclaiming that electric cars are the way to save the planet from imminent doom, UK car buyers obviously disagree. Despite a taxpayer bribe of £5000 to buy an over-priced electric car, car buyers have not exactly taken to the EV in droves.

Lexus LF-CC

Lexus is set to debut the LF-CC mid-size coupe concept at next week's Paris motor show that will give us a glimpse of the design and technology ideas that will influence the brand's future models. The LF-CC shares a lot of the same design cues featured on the LF-LC 2+2 sports coupe concept seen in Detroit in January, not least the new spindle-shaped grille that are found on all new Lexus models. It is set in a deep, metal-finish surround and is framed by the hood lip, deep lower spoiler and the projecting front wing tips – this is designed to give it a 3D look.

American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.