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Alternative Vehicle Loan That Helped Fund Tesla, Fisker Might Be Back

The system of Energy Department loans set up in 2007 to promote the development of green technology has come under plenty of criticism, both ideological and political. Following the high-profile failures of several companies that accepted loans from the DoE, the system was put on hold in March... read more

August 28, 2013 by 
 
Google logo

Google May Build Its Own Self-Driving Car: Report

The future is going to be automatic. Automatic social updates pushed automatically to your mobile phone, synced automatically to your computer and to your car, which then... read more August 23, 2013 by 


 
Volvo production site in Chengdu, China

Volvo To Share Development With Geely, Build Cars In China

Chinese officials have given approval for Volvo to establish new plants in Daqing and Zhangjiakou. As a result, Volvo's full Chinese industrial base, including a current site... read more August 23, 2013 by 


 
2013 Tesla Model S

Tesla Eying Asian Production On Back Of Strong Expected Demand For Gen 3 Sedan

Tesla Motors has made no secret of its plans to move into the Asian market, and the company now says manufacturing plants in both Europe and Asia are on the cards. It's part... read more August 22, 2013 by 


 
2009 Fisker Karma Sunset convertible concept

German Group Offers $25 Million For Fisker: Report

Despite it being close to a year since Fisker last made a car, the company is yet to announce bankruptcy and remains confident a new investor or even a potential buyer can be... read more August 22, 2013 by 


 
2012 Saab 9-3 Griffin range

NEVS Close To Restarting Saab Production

With NEVS’ acquisition of Saab and some of the bankrupt automaker’s remaining assets complete, the consortium, made up of Chinese and Japanese interests, is now... read more August 22, 2013 by 


 
Google self-driving Lexus RX 450h hybrid sport-utility vehicle

New Self-Driving Car Tech To Come From Continental, Google, IBM Alliance?

Self-driving cars are a divisive topic. Enthusiasts despise the idea of being cut out of the loop, and tinfoil hat conspiracists despise the idea of Big Brother looking over... read more August 21, 2013 by 


 
Wiesmann MF5 Roadster

Sports Car Brand Wiesmann Files For Insolvency

Luxury sports car maker Wiesmann has filed for insolvency in its native Germany, the latest niche automaker to be hit by the downturn of the European new car market. Wiesmann... read more August 19, 2013 by 


 
Concept drawings for Elon Musk’s 800-mph Hyperloop

Elon Musk Reveals Details On 800-MPH Hyperloop

After first dropping hints a year ago on a revolutionary form of transportation dubbed the Hyperloop, Elon Musk, CEO of Tesla, has now revealed the details behind the... read more August 12, 2013 by 


 
2012 Renault Fluence ZE electric car, powered by Better Place in Israel [photo: Brian of London]

U.K. Political Party Wants Ban On Non-Hybrid Gas And Diesel Cars By 2040

One of Great Britain's major political parties says it wants to see diesel-powered and non-hybrid gasoline-powered passenger cars banned from British roads by 2040. The... read more August 12, 2013 by 


 
Nissan’s Takumi engine craftsmen and the GT-R

Tungsten Mined By Terrorist-Listed Group Could Wind Up In Your Luxury Car

Tungsten is a rather important element. Bearing Atomic Number 74, Tungsten is used in a wide range of applications including the production of LCD screens to internal parts... read more August 9, 2013 by 


 
First 2013 Tesla Model S delivered in Europe (Photo: @TeslaMotors on Twitter)

Tesla Grows Profit In Second Quarter, Delivers Europe’s First Model S

Tesla keeps moving from strength to strength, with sales of the company’s Model S electric sedan steadily increasing, profit levels remaining positive and expansion of... read more August 8, 2013 by 


 
Stefan Jacoby

GM Forms Dedicated China Unit, Hires Ex-Volvo CEO To Lead International Operations

The past week has seen a number of major shakeups within the General Motors empire, with most of the changes aimed at improving the automaker’s international standing... read more August 6, 2013 by 


 
2011 Lotus Evora S

Lotus Hiring Again

Lotus is showing signs of life, with news emerging this week that the British sports car manufacturer is set to hire around 100 new staff, mostly specialist engineers. Only a... read more August 2, 2013 by 


 
Ferrari headquarters in Maranello, Italy

Ferrari Sales Slow Yet Profits Still Soar

Back in May, Ferrari made the announcement it would target maximum sales of 7,000 cars this year, down from 7,318 sales in 2012, in order to improve the exclusivity of the... read more August 2, 2013 by 


 
2013 Mercedes-Benz C Class Sedan

Mercedes C-Class Tops List Of Most Stolen Luxury Cars In New Study

The National Insurance Crime Bureau (NICB) has published the results of a new study that looked at the rates of car theft around the country, with the focus being on luxury... read more July 31, 2013 by 


 
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