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Recharge Wrap-up: Tesla's Europe plans, Chevy Bolt details

Hybrid Cars takes a close look at the battery cooling system and gearbox in the 2017 Chevrolet Bolt. While information is still limited, we can make educated guesses about the car's inner workings. The Bolt's liquid battery cooling system appears simpler than that of the Chevy Volt, eschewing active inter cell cooling plates for what appear to be bottom cooling plates. The Bolt has a coaxial gearbox, with the electric motor and the drive shaft on the same axis. It uses a simpler parallel-helical gear set rather than the planetary reduction set used in the Chevy Spark EV. These simplifications have the benefit of helping lower the cost of the Bolt. Read more at Hybrid Cars. Tesla is planning to expand its Supercharger network in Europe in 2016. While a handful of countries in western and central Europe have an established Supercharger network, many European countries still have no Tesla presence. That should change this year, as a map of planned locations includes Spain and Portugal, Ireland, Scandinavian and Italian expansions, and the first Superchargers in many eastern European nations, including Poland, the Balkans, Russia, Ukraine, Romania and even Moldova. By the end of the year, you should be able to take that electric road trip from Lisbon to Moscow you never knew you were planning. Read more at Teslarati. National Biodiesel Board CEO Joe Jobe sat down for an interview with the Tampa Bay Times. In the interview, Jobe discusses biodiesel's environmental impact and relationship with the fuel market. He talks about its production, and its differences from the other major biofuel, ethanol. Jobe says the biggest challenge is dealing with the petroleum industry, which biodiesel needs to work with despite their differences. "It's a threat when you have the largest, wealthiest most powerful industry in human history making it a top priority to eliminate policy that is aimed at helping incentivize renewable energy," says Jobe. Read more from the Tampa Bay Times. Related Gallery 2017 Chevrolet Bolt EV: Detroit 2016 View 10 Photos News Source: Hybrid Cars, Teslarati, Tesla Motors, Tampa Bay Times Green Chevrolet Tesla Alternative Fuels Biodiesel Electric recharge wrapup

GM profit dips on truck changeover, but beats estimates

DETROIT — General Motors on Thursday reported a higher-than-expected quarterly profit despite a drop in production of high-margin pickup trucks, as it gears up for new models that are expected to boost profits next year. Like rivals Ford and Fiat Chrysler Automobiles, GM is banking on highly-profitable Chevy Silverado and GMC Sierra pickup trucks to lift profits, as consumers shift away from traditional passenger cars in favor of these larger, more comfortable trucks, SUVs and crossovers. During the first quarter, the process of changing over to GM's new pickups resulted in a drop in production of 47,000 units. GM Chief Financial Officer Chuck Stevens said the production drop had resulted in a drop in pre-tax profit of up to $800 million. Earlier this year, GM said its 2018 profits would be flat compared with 2017, but expected its all-new pickup trucks would boost margins starting in 2019. On Thursday, GM reiterated its full-year 2018 forecast for adjusted earnings in a range from $6.30 to $6.60 per share. The automaker said capital expenditures were more than $500 million higher in the quarter because of investments its new pickup trucks and a family of low-cost vehicles under development with Chinese partner SAIC Motor Corp. On Wednesday, rival Ford said it would stop investing in most traditional passenger sedans in North America. CFO Stevens told reporters on Thursday that GM has "already indicated that we will make significantly lower investments on a go-forward basis" in sedans. 2019 GMC Sierra View 21 Photos GM benefited from a lower effective tax rate in the quarter, but adjusted pre-tax margin fell to 7.2 percent from 9.5 percent a year earlier. Stevens said the company's profit margin should hit 10 percent or higher in the second quarter and for the full year. GM said material costs were $700 million higher in the first quarter, and it expects those costs to continue rising. The automaker said it would counter those increases with cost cutting measures. "It is a more difficult environment than it was three or four months ago," Stevens said when asked about rising commodity prices from potential steel and aluminum tariffs announced by the Trump administration. "But we are confident we can continue to offset that." The company reported quarterly net income of $1.05 billion or $1.43 per share, a drop of nearly 60 percent from $2.61 billion or $1.75 per share a year earlier. Analysts had on average expected earnings per share of $1.24.

Sunday Drive: From a mid-engine 'Vette to a restomod RV

Automotive enthusiasts are a diverse bunch. As proof, we present last week's top posts on Autoblog, starting with some really good spy photos of the upcoming mid-engine Chevrolet Corvette. Will it be sold alongside a classic front-engine 'Vette? We have no idea, but we can't wait to find out. Up next is a pickup truck. Can't get much further from a supercar, right? At least both the Corvette and the 2019 Ram 1500 – which will debut a radical new design that appears to eschew the mini big-rig look of past Rams in favor of something more refined – are both American. Decidedly not American? The Mercedes-Benz G-Class SUV. The boxy off-road 'ute looks a heck of a lot like the old one, which is probably a good thing, but we know it'll be fancier and more luxurious than ever before. Check out the leaked images below. Also hailing from Germany, but sharing absolutely nothing else in common at all, is the Audi A4 Allroad. We've been driving this all-wheel-drive wagon for a while now, and we like it quite a bit. And, last but not least, is a 1959 bus that's been converted into an RV. Like we said, y'all certainly are a diverse bunch. Mid-engine Corvette — our clearest pictures yet 2019 Ram 1500 shows its full face 2019 Mercedes-Benz G-Class revealed in leaked photos 2018 Audi A4 Allroad Drivers' Notes Review | Wagons still rule This Mercedes O 319 restomod camper van shames your VW Microbus Audi Chevrolet Mercedes-Benz RAM Truck Coupe Minivan/Van SUV Future Vehicles Luxury Off-Road Vehicles Special and Limited Editions Performance Supercars mid-engine corvette recap sunday drive