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Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Audi TT RS – Geneva Update

Audi TT RS official launch at Geneva 2009 We have written quite a bit about Audi’s latest hot TT RS, some of it speculative, some of it factual. But it makes sense with such an interesting car to have a quick recap and confirm the stats – Oh, and you may as well have the Press Release to digest. Audi got the ball rolling ahead of the Geneva 2009 launch for the Audi TT RS by issuing a set of teaser images.