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Electric cars amped up with £500 million boost

THE GOVERNMENT is to extend the £5,000 grant scheme open to anyone who buys a car with plug-in electric power. It is part of a £500 million move to encourage car owners – and city authorities – to take up the electric car baton and run with it. The initiative will give cities a chance to win government funding to further the sales of electric cars in their areas, for example by allowing them to use bus lanes or park for free.

Analysis: why GM is pulling Chevrolet out of Europe

The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.

Mary Kay goes Mustang

Well-to-do Mary Kay ladies might be setting their sights on black Ford Mustangs in lieu of the brand's signature pink Cadillacs. The cosmetics company unveiled the Mustang as its newest incentive car at its annual seminar at the Dallas Convention Center. Mary Kay will still loan the famous Cadillacs to sales directors who sell in the top tier of $100,000 a year or more.