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Chevrolet Mi-ray concept gets a new ‘mid-electric' hybrid powertrain

General Motors Co. has unveiled a sporty South Korean-developed concept car that showcases a "mid-electric" hybrid powertrain that can run on electric-only front-wheel drive or tap a gasoline engine to turn the rear wheels for extra power. Dubbed the Chevrolet Mi-ray, Korean for "future," the compact, open roadster gets a carbon fiber body mounted on an aluminum chassis for lightweight performance.

Chrysler, VW lead February sales gains

U.S. auto sales led by Chrysler Group surged 16 percent in February, giving the industry its strongest showing in four years in a fresh sign that the recovery is gaining more traction. Total light vehicle sales rose to 1.15 million units as the seasonally adjusted sales annual rate hit 15.1 million.

Toyota updates the Verso MPV

Toyota will show the all new Verso at Geneva '09 The Verso is an all new version of the MPV, offering Toyota’s Easy Flat-7 seating configuration, which basically allows owners to lower all the back five seats individually to accommodate whatever configuration they need for load/passenger requirements. The Verso is stretched over the old Verso, with a longer wheelbase and wider track, offering a more spacious interior. There’s a pretty much all-round increase in power of 20%, but Toyota has managed to pull off a 12% reduction in emissions and fuel use.