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The last of the mainstream rear-drive American performance sedans adds some sorely needed interior refinement to its aggressive styling, while maintaining its bargain price.
The crossover-like electric vehicle, expected to enter production in 2013, would be priced similarly to Tesla's second car, the Model S sedan, due in showrooms this summer.
The wagon, the second Cruze body style not to be offered by Chevrolet in the United States, will have its official debut at the Geneva auto show in March.
The former Utah governor and ambassador to China, who was appointed this week to the board of Ford Motor Company, was expected to help strengthen the automaker's position in Asia.
TrueCar.com promises to deliver a guaranteed price for a car, efforts that automakers have pushed back against, saying that they could eat into already thin profit margins.
The retirements of Lewis Booth, the companys chief financial officer, and Derrick Kuzak, Fords global product chief, had been expected, but could test the depth of the companys management team.
The powerful automobile recycling industry in California has avoided toxic waste disposal regulations for decades, but there are signs the situation could be about to change.
Toyota raised its annual profit forecast Tuesday despite a 13.5 percent decline in the quarter ended in December that followed production cutbacks in the aftermath of Japans tsunami.
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