The Korean-built Spark is Chevy's first try at a mini-car -- indeed the first by any domestic manufacturer -- and it opens up a potentially vast new market. The competition consists of import incumbents like the Fiat 500, the Scion iQ, and the Smart Fortwo, which are aimed at the narrowest of niches, and in the case of the 500 and iQ, carry much higher price tags. But with its tiny 83-horsepower engine, 10 airbags, and a rock bottom $12,995 base price, the four-passenger Spark makes an appealing first car for young drivers.
As the old philosopher said - no good deed goes unpunished. Here's a roundup of this year's car news highlights so far, along with their companion lows.
|GM raising Corvette prices|
|Everything must go: There's a flood of store closings|
|Albertsons to merge with Safeway|
|Boeing reports wing cracks on Dreamliners|
|Bitcoin matters. Ignore the media circus.|