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Chevrolet Volt production halted – again
Wed, 29 Aug 2012General Motors has revealed that they are to halt production of the Chevrolet Volt for four weeks as sales stay low. Back in March, we revealed that GM were to stop production of the Chevrolet Volt range extender EV as actual sales fell well behind projected sales. At that time – with a production target of 45,000 Chevy Volts in 2012 – GM had managed to flog just 1.626 Volts in the first two months of 2012 so they decided to halt production for a moth as they had 6,300 Volts stockpiled.
Lexus LFA Nurburgring (2010) first official pictures
Mon, 29 Mar 2010Lexus hasn’t even started production of the LFA supercar yet, but it’s already unveiled a limited edition version – the Lexus LFA Nurburgring. Built to celebrate the LFA’s entry into the 2010 Nurburgring 24 Hours race, just 50 versions of this track-focussed supercar will be made. The tweaks and changes aren’t radical: the front-mounted 4.8-litre V10 has 10 bhp more (up to 562bhp) and the automated manual ‘box now shifts quicker (gear changes are down from 0.2 to 0.15 seconds) though the 3.7sec 0-62mph time and 202mph top speed remain the same.
Sources: GM in talks with two potential buyers of Hummer
Thu, 12 Feb 2009General Motors is in talks with two potential buyers of its Hummer brand as the automaker continues to sell assets to raise cash, said two sources familiar with the matter. The negotiations are with a private-equity firm and a Chinese company, said the sources, who declined to be named. The sources declined to name the potential buyers because the effort is private.