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Chevy Volt has worst sales month since August 2011, Nissan Leaf also down

January is traditionally a time when new car shoppers take a break. For the last few years, if we isolate our focus to just the first two major plug-in cars in the US market, we see that the first month of the year was lower – often dramatically lower – than the 11 that followed. So, when you see the Chevy Volt dropped and Nissan Leaf sales figures for January 2015, don't be too surprised. The Volt sold only 542 units last month, that model's lowest since August 2011. That also represents a 41 percent drop from January 2014, and it reinforces the thought that if anyone out there is interested in a new Volt, they're going to be waiting for the new model to drop later this year. While we do expect sales to climb in February and into spring, we won't be surprised if the general Volt trend remains quiet until the second-generation arrives. On the Leaf side of the ledger, January's low sales numbers were still about twice as high as the Volt's – the Leaf sold 1,070 units last month, the lowest since February 2013 – but it did break a streak for the Japanese automaker. Usually, each month represents at least an increase over the same month a year ago, but that wasn't the case this time. In January 2014, Nissan sold 1,252 Leafs. Still, Brendan Jones, Nissan's director of electric vehicle sales and infrastructure, issued an upbeat statement: "We saw a significant increase in demand in December from Nissan Leaf customers looking to take advantage of federal and state incentives at the end of the tax year, which pulled some sales ahead. We're confident that EV sales will continue to rise over time due to increasing emission regulations and other reasons for purchase of EVs such as lower operating costs, reducing dependence on foreign energy sources, environmental concerns and a great driving experience." The numbers will tell us soon enough. News Source: General Motors, Nissan Green Chevrolet Nissan Electric Hybrid ev sales brendan jones

Chevrolet FNR is a sharp vision of the future in Shanghai

The Shanghai Motor Show is about more than just displaying the latest extended-wheelbase luxury sedans to the Chinese populace. Chevrolet is taking advantage of the event to debut its vision of the future of motoring with the FNR concept, and the capsule looks like it could be fresh from off the set of Blade Runner. The FNR imagines what a fully autonomous, electric vehicle might look like many years from now and is meant to appeal to young, Chinese consumers. The concept's design from the minds at GM's Pan Asia Technical Automotive Center does a pretty neat magic trick, too. Most times it's a mass of glass and curving lines that looks very sci-fi, but then the dragonfly doors open upwards to reveal some knife-edged angles in the styling, as well. As a cutting-edge concept, this capsule is also packed with futuristic tech. Power comes from magnetic hubless electric motors in each wheel, and it could charge wirelessly. Crystal lasers generate the headlights and taillights, and radar in the roof would allow scanning the surroundings for autonomous driving. The interior is similarly imaginative as the rest of the styling. Passengers are enveloped in blue light while sitting in mostly mesh chairs with huge bolsters. Keys have been done away with entirely in favor of iris recognition. Once on the road, the front seats even swivel around to more easily talk with rear passengers. Check it all out in the gallery above for a glimpse a Chevy's vision of what might be next. Related Video: Chevrolet-FNR and All-New Chevrolet Malibu Make Global Debut at Shanghai GM Gala Night 2015-04-19 SHANGHAI – Two Chevrolet models, the Chevrolet-FNR and all-new Malibu, made their global debut this evening at Shanghai GM Gala Night. They were joined by the Bolt EV concept and the 2015 Captiva, which made their China debut. The new models were introduced as Shanghai GM celebrates the 10th Anniversary of its Chevrolet brand in China. They will appear alongside 12 other models on the Chevrolet display at Auto Shanghai 2015, this year's leading auto show in China, which starts tomorrow. Chevrolet-FNR The Chevrolet-FNR is an autonomous electric concept vehicle that offers a glimpse at mobility of the future. It was developed in Shanghai by GM's Pan Asia Technical Automotive Center (PATAC) joint venture. Engineering, design and electrification teams drew on their past experience developing electric concept vehicles.

GM earnings rise 1% as buyers pay more for popular pickups

DETROIT — General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. The Detroit automaker said it made $2.42 billion, or $1.66 per share, from April through June. Adjusting for restructuring costs, GM made $1.64 per share, blowing by analyst estimates of $1.44. Quarterly revenue fell 2% to $36.06 billion, but still beat estimates. Analysts polled by FactSet expected $35.97 billion. Global sales fell 6% to 1.94 million vehicles led by declines in North America and Asia Pacific, Middle East and Africa. The company says sales in China were weak, and it expects that to continue through the year. In the United States, customers paid an average of $41,461 for a GM vehicle during the quarter, an increase of 2.2%, as buyers went for loaded-out pickups and SUVs, according to the Edmunds.com auto pricing site. The U.S. is GM's most profitable market. Chief Financial Officer Dhivya Suryadevara said she expects the strong pricing to continue, especially as GM rolls out a diesel pickup and new heavy-duty trucks in the second half of the year. "We think the fundamentals do remain strong, especially in the truck market," she said, adding that strength in the overall economy and aging trucks now on the road should help keep the trend going. Light trucks accounted for 83.1% of GM's sales in the quarter, and pickup truck sales rose 8.5% as GM transitioned to new models of the Chevrolet Silverado and GMC Sierra, according to Edmunds, which provides content to The Associated Press. As usual, GM made most of its money in North America, reporting $3 billion in pretax earnings. International operations including China broke even, while the company spent $300 million on its GM Cruise automated vehicle unit. Its financial arm made $500 million in pretax income. Suryadevara said GM saw $700 million in savings during the quarter from restructuring actions announced late last year that included cutting about 8,000 white-collar workers through layoffs, buyouts and early retirements. The company also announced plans to close five North American factories, shedding another 6,000 jobs. About 3,000 factory workers in the U.S. whose jobs were eliminated at four plants will be placed at other factories, but they could have to relocate. GM expects the restructuring to generate $2 billion to $2.5 billion in annual cost savings by the end of this year.