The Department of Energy recently gave out $2.4 billion in grants for electric-vehicle and lithium-ion battery development. Analysts and investors are now saying that the DOE seems to be playing safe in its selection of 48 companies, picking big names and companies that plan to build plants in Michigan. Four out of every five applicants for [...]
The upcoming Veritas RS III supercar will be one of the world’s most exclusive and expensive automobiles. Pricing for the open-top goodness will start at a whopping 342,000 euros ($487,665 USD). Of course let’s not forget that the 600-hp 5.0L V10 (from the BMW M5/M6) will probably be a little more expensive than its 480-hp 4.0L V8 [...]
Apparently, small, fuel-efficient vehicles aren’t the only cars allowed to receive the cash-for-clunkers treatment. The Ford F-150 pick-up truck and Cadillac SRX Crossover are both eligible under the program, as are versions of the ’09 Lexus RX 350, 2009 Lincoln MKX, and the 2009 BMX X3 crossover, none of which are efficient over the point [...]
About two weeks ago, the first 31 U.S. bound Porsche Panamera units took off directly from Leipzig, Germany. Around 4:00 a.m. this past Wednesday night, a fleet of Panameras made their way to the Monterey Peninsula where they were seen for the first time by the U.S. public and test-driven by journalists at the 2009 Pebble Beach [...]
The Transportation Department has approved use of cash-for-clunkers funds for purchases of certain cars not yet on dealers lots, after consumers have complained about the low inventories of fuel efficient vehicles at many dealerships. “Dealers and consumers who have reached a valid purchase and sale agreement on a vehicle already in the production pipeline will [...]
Crediors of Chrysler who recently petitioned for approval to sue German automaker Daimler AG, on the claim that they stripped the U.S. company of most of its assets before they sold it, have been given the green light according to Reuters. Judge Arthur Gonzalez, the same judge who presided over Chrysler’s bankruptcy gave the go [...]
BMW announced today that after two months of field trials for the Mini E, the 450 drivers of the electric Mini Cooper have provided valuable, real-world data. The 450 units of the Mini E are in daily use in New York, New Jersey and Los Angeles where they are being driven by private customers, government [...]
We’re getting close to wrapping up this rainy Aug. 13, 2009 so that means its time for our random thoughts and findings of the day. Let’s get started. Guy gets car impounded, pays $88 in pennies to get it back: We all know it’s a huge hassle to get your car impounded; so how do [...]
The 2010 Chevrolet Camaro outsold the 2010 Ford Mustang two months in a row – and that may be do to the fact that the Camaro offers more power for the price you pay. The base V6 2010 Mustang produces 210-hp while the base 2010 Camaro makes 306-hp. On the other hand, the V8 Mustang [...]
Sources have told AutoCar that Volkswagen is considering a fuel-efficient BlueMotion version of the Scirocco hatchback. The German automaker is planning to apply the BlueMotion technology to number of models in the next few years including the new compact Polo. A Volkswagen source said that changes to the Scirocco will include a small diesel engine [...]
