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Toyota cuts 2014 Prius Plug-in hybrid prices

For the 2014 model year the Toyota Prius Plug-in hybrid will get a price cut, with the base Prius Plug-in model starting at $29,990, not including destination. The $2,010 drop in price comes without any changes to the vehicle, and Toyota was keen to point out that "This price repositioning on the base Prius Plug-in Hybrid is not accompanied by any reduction in vehicle content.” This drop in price can be viewed as part of Toyota's effort to keep sales volume of its popular plug-in hybrid model on target -- about the only place where the 2014 model Prius will look different will be the Japanese domestic market, where the Prius will get two-tone paint options, new wheels, and LED lighting. Likewise, the Prius Plug-in Advanced will also get a price cut for the 2014 model year, and will start at $34,905, not including destination.

Dealer's belief in Porsche led to $5 million store

Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.

GM to launch Chevrolet van in global markets

Chevrolet plans to launch a family van soon in several global regions, GM Vice Chairman Tom Stephens said Tuesday in showing analysts GM's future product plans. General Motors will base the van on its global compact-car architecture, said Stephens, who heads product development. He showed a picture of the van to analysts at a company presentation Tuesday, but his slides were not made available to members of the media.