U.K.-based AVID Vehicles has launched a new all-electric utility vehicle with superior off-road performance. The ‘E-Warrior’ costs less to buy and less to run than a diesel or petrol-powered utility vehicle – and is quiet, clean and better for the environment, a press release states.

Recession or not, utility vehicle major Mahindra and Mahindra is adamant on making its foray into the US market. The company has said that plans for the US market are on track as scheduled.

Automobile giant General Motors has said that it would close down four pickup and SUV assembly plants throughout North America.