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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.

CCS/GM E-Flex project

Cadillac V-Flex Evan Mai Evan Mai presented the Cadillac V-Flex, a mid-engine electric race car that uses GM's E-Flex platform in a new configuration and advances Cadillac's art & science design language.  The race inspired proportion and layout of the V-Flex draws heavily from Le Mans prototype and F1 cars. Power would come from an electric motor with a range extending internal combustion engine. The Li-ion battery placed in the bottom center of the vehicle could be swapped from underneath the car during pit stops. Aluminum heat sinks in the rear efficiently dissipate heat away from the motor and battery while performing as a rear spoiler.  The front grille serves to communicate the Cadillac design philosophy and also serves as a functional aerodynamic enhancement.

Land Rover fomalizes deal with off-road partner Bowler

Land Rover finalized a deal with Bowler on Thursday that formalizes an existing arrangement as Bowler—a U.K.-based builder of rally raid cars—has been a working with Land Rover for more than a decade. Bowler competition vehicles will now compete with “Powered by Land Rover” badges, a slogan that will also be highlighted in customer and marketing events. Bowler will also get access to Land Rover parts and benefit from “technical and development support” from the firm.