When automotive talk turns cheap, the most common vehicle that comes up is the Tata Nano, which currently holds the title as the Cheapest New Car in the World and is only available in India. So, Americans, how would you like to snag a brand-new electric car for the low, low price of just $865, right here in the United States? If you happen to live in Oklahoma, you can do just that... sort of.

There's plenty of fine print, naturally. For instance, the electric car in question, the Kandi Coco, is really a Low Speed Vehicle (or LSV) capped by law to a top speed of 25 mph and restricted to roads with speed limits of 35 mph or less. And yes, it's made in China and looks something like half a Smart Fortwo. Still, the Coco carries an MSRP of $10,599 and you may be able to score one dirt cheap thanks to a couple of state and federal rebates.

The first deduction comes from the federal government and cuts the price by $4,435. Next, the State of Oklahoma deducts another $5,299 from the starting price for a total rebate of $9,734. Do the math, and that equals one Kandi Coco for $865 – but only if you live in Oklahoma, and only if you make the purchase before the end of the year. Now... go out and get that giant red bow before it's too late.


[Source: Kandi via Automobile Magazine]

Just because Chrysler won't be holding a press conference at next month's Detroit Auto Show doesn't mean that America's third-largest automaker is coming to the party empty-handed. Far from it, in fact, assuming there's truth to the rumors that the Pentastar will be showing off both an electric version of the soon-to-be-US-bound Fiat 500 along with a Chrysler-ized version of the Lancia Delta hatchback.

While the Chrysler-branded concept is said to be nothing more than a standard-fare Delta emblazoned with Chrysler's trademark chrome fascia, the electric Fiat 500 is a bit more interesting. We've heard that the automaker's erstwhile ENVI group was disbanded and assimilated into the rest of the company's product development workforce, so we're curious to see the integration of a battery-powered drivetrain into the little urban runabout. Will it be a fully-functional vehicle or just a mock-up of what could potentially be possible?

Not surprisingly, we'll also be treated to the rest of the Fiat 500 lineup, including the 500C Cabriolet (no word on bikini-clad models) and the sporty 500 Abarth. Finally, tucked into a corner of the Chrysler booth in Detroit will also reportedly be such premium Italian machinery as the Ferrari 458 Italia and the Maserati GranCabrio. Hey... if you've got it, why not flaunt it, right?



[Source: Automotive News - Sub. Req'd]

The Big Block. Rat Motor. Call it what you will, we can now officially add a final epitaph to the long-running engine's gravestone: R.I.P. The final L18 big block rolled down the assembly line at General Motors' Tonawanda plant in New York last week, and that engine was signed by all the workers at the plant and is on its way to the GM Heritage Center in Sterling Heights, Michigan.

The first big block Chevy engine was introduced way back in 1958 and was used in both passenger cars and trucks. The engine's legacy includes such classic nameplates as Chevrolet Impala, Chevelle, Camaro and Corvette with displacements ranging from the venerable 396, 409, 427 and 454 to, finally, the 496-cubic-inch Vortec 8100 that ended the production run.

Naturally, the death of the big block brings with it other casualties as well, such as the 150 laid off hourly workers that are hoping GM sees fit to bless them with a new powerplant to build along with the RV and marine industries. Thanks for the tip, Corey H!

[Source: The Buffalo News]

First of all, if you weren't aware already, the first-generation Subaru Forester was later sold in India as the Chevrolet Forester (General Motors doesn't have the CUV in its lineup anymore). There weren't any real changes to the vehicle in any way, it was really just a Subaru with a Bowtie emblem. Now that that's out of the way, we have learned that an 80-year-old man in India named Ashok Tolat sued General Motors after his Forester came to a halt and died in one foot of water during the monsoon season in 2005. Angered that his SUV couldn't handle any weather thrown its way, Tolat sued GM.

General Motors denied any wrongdoing, claiming that the Forester wasn't designed as an all-terrain, all-weather vehicle. Tolat countered with the car's sales brochure, which reportedly likened the Forester's capabilities with that of a mountain goat. "A total misrepresentation," says Tolat. As far as we can recall, we're not aware of any 2005-vintage mountain goats that stalled out and died in one foot of water... so, there you go.

The General took the case all the way to India's Supreme Court after losing Tolat's lawsuit in two lower courts, but it ultimately lost there too. It took three years, but Tolat finally got GM to buy back the Forester and pay his legal fees. Score one for determination, even if we're a little leery of the court's ruling without the rest of the facts. In any case, click past the break to watch video of the story as covered on NDTV.

[Source: NDTV via YouTube via TTAC]

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Under the typically dark veil of show-car secrecy, Cadillac has released a teaser image of a new concept that will be unveiled next month at the Detroit Auto Show. As you'd expect, details are slim, but we've been assured that this is an entirely new concept and something we've not yet seen, which rules out the Voltec-powered Converj as well as the 3 Series-fighting ATS.

Dissecting the teaser a bit, we're pretty sure we see four doors, and we'll take Caddy's word that its "latest concept advances the brand's Art & Science philosophy." Other than that, we're in the dark, but wouldn't be terribly surprised if it were either a hint at something high-performance, environmentally responsibility or both. It could also be a preview of a new range-topping model from GM's luxury division.

In addition to the unknown concept car, Cadillac also plans to introduce Detroit show-goers to the production version of its 2011 CTS-V Coupe. Expect that model to add the normal V-spec performance accouterments to the drop-dead stunning CTS Coupe shape that was just shown off in LA. That means 556 horsepower and 551 lb-feet of torque from a 6.2-liter supercharged V8 engine, a choice of automatic and manual six-speed transmissions, a sport suspension with Magnetic Ride Control and standard 19-inch alloy wheels. Production of the superfast two-door is slated for the summer of 2010.

There's not much more to say, but feel free to hit the jump for the official press release and be sure to gander at the concept's teaser image in high-res.

[Source: Cadillac]

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According to Ford spokesman Mark Truby, "Despite a strengthening in our business, we still have a surplus in employees." Union employees to be specific. As such, Ford has just announced plans to reduce its unionized workforce by offering a buyout package to all 41,000 UAW members currently employed by the automaker.

Reuters reports that Ford workers with at least one year of experience can take a payout of $50,000 plus a new car voucher worth $25,000 or an additional cash payment of $20,000. Retirement-age workers can opt to take their pensions plus the $25,000 new vehicle voucher or the $20,000 payment. Finally, skilled-trade workers that are eligible for retirement can opt for a $40,000 payout plus their pensions.

Ford says these efforts are necessary to remain competitive with foreign rivals and fellow American automakers General Motors and Chrysler, both of which recently went through government-sponsored bankruptcy proceedings and extensive reorganization. Earlier this year, Ford's UAW workers voted down a revised contract that would have essentially granted Ford the same measures that unionized auto workers had earlier extended to Chrysler and General Motors.

Workers who accept the buyout packages would leave sometime during the month of February, 2010. Any new workers hired as replacements will start at $14 per hour under the latest UAW contract, which is half of the current average wage of UAW employees being offered the buyouts.

[Source: Reuters | Image: Bill Pugliano/Getty]

Will the real torque figure of the Audi e-tron concept please stand up? While the German automaker continues to claim its all-electric concept sportscar manages a stout, locomotive-like 4,500 Nm (3,319.03 pound-feet) of torque, the sleuthing boys at Automobile Magazine weren't buying it, instead coming up with a much more mundane rating of 252 lb-ft of torque after performing some back-of-a-paper-napkin calculations.

It would seem that the real torque figure lies somewhere in between those two estimates, though significantly closer to the lower, unadvertised number: 501.5 lb-ft. That's the total combined output of the four individual electric motors, says Audi. The astronomical 3,319 is the torque as measured at the wheels after being geared down and multiplied. So, why the disparity between the actual torque of the motors and the figure espoused by Audi to the motoring press?

Well, besides the obvious answer that 3,319 lb-ft at the wheels sounds much more impressive, Audi's engineers apparently thought the larger number was more indicative of the actual feeling of all the push generated by the four electric motors when accelerating from a dead stop, as the maximum torque figure is achieved right from zero RPM.

Regardless, using the still-impressive rating of 501.5 lb-ft is, in our opinion, much more accurate and easier to compare with the rest of the automotive field than the seemingly disingenuous 3,319 figure, and it's the number we plan to use when describing the car from this point forward.



[Source: Green Car Advisor]

Honda has announced plans to unveil a new small car concept at the 10th Auto Expo automobile show in New Delhi on January 5. Just last week, Toyota made almost the exact same announcement and both Japanese automakers are staying mum on any actual details.

According to The Wall Street Journal, Honda's entry in the hotly-contested market of India is being referred to internally as the "New Small Concept," and while it's intended primarily for emerging markets (think: Tata Nano), the vehicle is being engineered so that it could be sold in other parts of the world.

Interestingly, in addition to the NSC, Honda will also use the Delhi Motor Show to show off its the concept version of its CR-Z hybrid (shown above), originally seen at the Tokyo Motor Show earlier this year. With brochure images already circulating of the production CR-Z, we expect to see the for-sale version premiere as soon as next month's Detroit Auto Show.



[Source: The Wall Street Journal - sub. req'd]

Saab loyalists can keep their candles burning a wee bit longer as supercar manufacturer Spyker has extended the deadline of its final-final offer for the Swedish brand "until further notice."

Spyker says in an all-too-brief statement (which you'll find after the jump) that it has been in contact with General Motors today following the Dutch automaker's announcement that it had that submitted a new offer that addressed 11 obstacles that had apparently previously stalled negotiations. The renewed offer was set to expire at 5pm Eastern today, but Spyker has seen fit to extend it.

Before backing out entirely and signaling its intent to wind down the struggling Saab brand, General Motors had set a deadline of December 31 to conclude its sale. No word on whether or not the Swedish government is involved in the talks, or if other parties (Mahindra?) may still be in the running. Stay tuned.

[Source: Spyker | Image: Torsten Silz/AFP/Getty Images]

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What does the future have in store for BMW's high-performance M division? For starters, lots and lots of power, along with a smattering of light weight and plenty of cutting-edge technology. This all sounds familiar, but the rumored details coming out of Bimmerfile suggest that the 2011 BMW M5 would be nothing short of revolutionary.

Not surprisingly, we're told to expect a version of the twin-turbo V8 that currently powers the M division's hi-po X5 and X6 tallboys with somewhere around 570 horsepower and 500 pound-feet of torque. On top of those prodigious figures may very well be a Kenetic Energy Recovery hybrid setup to recapture wasted energy from braking. The stored power would be used to send an extra shot of power via an electric motor contained in the seven-speed dual-clutch transmission. The KERS power boost reportedly would be controlled by the driver with a Formula 1-style button on the steering wheel.

Further performance would be found by putting the next-gen 5 Series on a diet consisting of a chassis wrought completely in aluminum with carbon fiber used in various body panels and optionally on the roof. We look forward to finding out just how much of this rumormill material turns out to be accurate, and we'll know for sure in early 2011 when the next M5 is slated for introduction.

[Source: Bimmerfile]