If the proposed partnership between Chrysler and Fiat goes through, we could see a revised ownership structure and possible even a change in management for Chrysler. According to AutoWeek, among the options being discussed is a direct role in Chrysler for Fiat CEO Sergio Marchionne. Sources say that a possible chief executive job for Marchionne [...]
Why did he say that? Let’s give you guys some background first. Basically, to move forward with the production of the Tesla Model S four-door-coupe sedan, Tesla Motors has requested a total of $350 million from the Department of Energy. Now Elon Musk is 99 percent sure that the DOE will approve Tesla’s request. Previous [...]
Last year, Mazda said that it had no plans to introduce alternative powertrains for its vehicle lineup. However, in an effort to increase the average fuel-economy of its vehicles by 30 percent by 2015, Mazda said that it plans to produce hybrid and electric-cars. Speaking to Automotive News at the 2009 New York Auto Show, [...]
General Motors said today that it won’t be getting any federal funding for its 2011 Chevrolet Volt until the company has been certified as financially viable by Obama’s automotive task force. Along with its $10.3 billion loan request from the U.S. Energy Department for the development of fuel-efficient vehicles, GM has also requested $2.6 billion [...]
With a £307 million ($453 million USD) from the European Investment Bank boosting Jaguar/Land Rover’s green investments to £800 million, the Tata Motors owned British brands are planning for a range of fuel-efficient vehicles that will help cut their overall emissions by 25 percent by 2012. According to AutoCar, Jaguar is working on an electric range-extended version of the [...]
According to a report by The New York Times, the U.S. Treasury Department is asking General Motors to prepare for a bankruptcy filing by June 1. Sources familiar with the matter said that the goal is to prepare the company for a fast “surgical” bankruptcy. The company’s new CEO Fritz Henderson said that he still [...]
You’ve seen all the press details of the 2010 Mercedes-Benz E63 AMG and last week you saw live images from the 2009 New York Auto Show. Now it’s time to see the 2010 E63 AMG in action taking on the twisty roads and showing off its power and handling. Refresher: Power comes from a 6.3L [...]
A123Systems, a U.S.-based battery supplier who recently formed a partnership with Chrysler, said that it will built its battery plant in Michigan even if it doesn’t receive federal loans. The battery supplier, who also worked on the batteries for the Chevrolet Volt, said that as a part of its contract to build “Nanophosphate” lithium-ion batteries [...]
Nissan Motor Co and its French alliance Renault said last week that they will be supplying electric-cars to one of the most polluted countries in the world – China. The Renault-Nissan alliance said that they will work with the Chinese government to supply a comprehensive plan for marketing and for a battery-charging network. The alliance [...]
There is no doubt that one of the highlights at the 2009 New York Auto Show last week was the 2011 Jeep Grand Cherokee. We now have a video of chief engineer Phil Jansen giving us more details on the new Chrysler addition along with some footage of the new 2011 Grand Cherokee in action. [...]
