Car FYI

Photo Credit: Business Wire Does $750,000 US electric car sound costly or is it worth it for the world's fastest street legal all-electric car? Genovation Cars, a small American company based in the state of Maryland, had spent years creating an electric vehicle for the high-performance market. Converting one of the oldest running nameplates into a green supercar, the seventh generation Chevrolet Corvette Grand Sport coupe was transformed into the Genovation GXE, The GXE emerged as record-setter this past July becoming the quickest public road-worthy electric car 205.6-mile per hour (330.881 kilometers per hour) run at Kennedy Space Center in Florida certified by the International Mile Racing Association, On the same week as reports that Audi pulled the plug on its R8 e-tron supercar after a very short construction run, Genovation has started accepting orders for its intended limited production vehicle. At a cost of $750,000 in the currency of Canada's southern neighbo...

Photo Credit: Chris Nagy The so-called Polar Vortex mixed up the Canadian automobile sales during the first month of 2014. A cold, snowy weather is believed to have kept car buyers at home in January from some dealerships while others posted modest gains. According to Automotive News, a total of 95,639 vehicles were sold in Canada during January 2014. Compared to 2013, the start indicates a modest 0.3 percent growth. The overall sales results were influenced by a dip in car sales and a healthy rise in truck sales; not surprising based the weather affecting the country. The winners in first month Canadian auto sales of 2014 is Chrysler, Toyota and Honda. Chrysler car and truck sales showed a healthy climb of roughly four percent apiece. The expanded Fiat brand in North America is proving to be well-received accounting for 596 vehicles (an 82 percent jump over January 2013). The Dodge Grand Caravan remains popular in Canada selling nine pe...