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Chevrolet Volt prices announced

GM has revealed that the Volt hybrid could cost $33,500 (£21,000) in the US after government tax credits, making it nearly £2000 cheaper than Nissan’s Leaf electric car. The Volt’s List price is $41,000 (£26,300) but qualifies for a subsidy thanks to its low emissions. A basic Volt comes with Bluetooth and sat-nav but buyers can add leather seats and steering wheel, heated seats, rear camera, polished wheels and park assist.

Mercury lives--on the auction circuit

James Dean famously drove one in Rebel Without a Cause, and perhaps Mercurys have never been cooler. That was more than 50 years ago and the brand is now on the verge of extinction. But as Plymouth, Pontiac and even Edsel have shown, some brands have legs that stretch long after new cars are gone from dealerships.

Chevy Volt will do 230mpg

GM are claiming 230 mpg for the Chevy Volt The premise is that the vast majority of buyers for the Chevy Volt will do no more than 40 miles a day. Which just happens to be the range that the Volt has. So I suppose they could have worked out the cost of the electricity to fully charge the Volt, converted that in to the cost of petrol and come to the conclusion that it does 230mpg.