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GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.

Hyundai & Kia to spend up to $395 million on lump sum fuel settlements

Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.

VW Polo GTI (2010): first news and photos

Volkswagen has just issued these first photos of the new 2010 Polo GTI. It uses the 1.4-litre TSI engine with turbo- and supercharging to liberate a stocky 178bhp – enough to make the Polo GTI into a proper little pocket rocket.The first hot Polo was the supercharged G40 of 1986, but that developed a relatively weedy 112bhp. The new 2010-spec Volkswagen Polo GTI is powerful enough to hit 62mph in 6.9sec and reach a 142mph V-max.