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Official: Honda F1 becomes Brawn GP

Honda F1 morphs in to Brawn GP Well, it’s good to see they survived! After reporting last week that the Honda F1 team was going to be the subject of a management buyout, thus securing the team and its employees, an official announcement has now been made and we can confirm that Ross Brawn has taken control of the Honda F1 Team, which will henceforth be known as Brawn GP. It would have been a mighty shame if Ross Brawn had been lost to F1 again.

Lexus at Geneva: Lexus CT 200h – U.S. bound

The Lexus CT 200h at Geneva - Lexus tell us it will be sold in the USA Despite moaning about the less than drop-dead-gorgeous looks when Lexus first showed us the CT 200h as the LF-Ch Concept – with a pretty awful gold paint job – the production ready CT 200h does look a bit more appealing. Still definitely not drop-dead-gorgeous - far from it – but credible enough, in a Lexus sort of way. There’s really nothing new to report on the CT 200h itself from Geneva, except that Lexus has announced that the CT200h will be sold in the US.

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.