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Chevy Volt production increased – or is it just PR Flim-Flam?

The Chevy Volt - Production increase? Chevrolet recently opened the order book for its ‘company-saving’ range extender vehicle that is the Chevy Volt. And the price was not too stupid at around $41,000, although that still seems an awful lot of money for a car of the size and specification of the Volt.

Mitsubishi tease new model ahead of Geneva. New Outlander based on PX-MiEV II, perhaps?

Mitsubishi Tease a new car ahead of Geneva 2012 Mitsubishi are teasing a new model for the Geneva Motor Show in March. Could it a be new Outlander based on the recent PX-MiEV II Concepts? We’ve only just got over the Detroit Motor Show reveals, and car makers are already queuing up to tease us with offerings for the Geneva in March.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.