General Motors is cutting the price of its Chevrolet Volt extended-range electric vehicle by $5,000 for the 2014 model year in the hopes of driving sales higher, even though the company already loses money on every Volt it sells.
Daimler's open-ended Car2go car-sharing program has its deepest U.S. roots in the city of Austin, TX. That's where the first North American Car2go program was established and where a two-year pilot program just concluded. The trial's end doesn't mean the free-range Smart cars will go away, though. Instead, Daimler and Austin's city government have agreed to continue offering cars there with a deal that includes introducing all-electric vehicles to Austin (like Car2go does in San Diego) and updat
There's now word that the Daimler AG and Renault-Nissan tie-up, a collaborative deal that was made official back in April of 2010, is set to expand to include a compact Infiniti model that will feature a platform developed by Mercedes-Benz as well as a pair of electric vehicles. These are all slated to launch in 2014.