Industry

  • Speed Limit 55

    The recent spike in oil prices has got the whole world focused on fuel consumption, so much so in some parts that countries are lowering their national speed limits in an effort to reduce their national fuel consumption levels. One such country is Spain, which reduced its speed limit for cars from 75 mph to 68 mph. The move is expected to save roughly 28.6 million barrels of oil annually, worth an estimated $3.2 billion at current prices. Now ConsumerReports has posted the question: “should the same happen here?” Using a 2005 Toyota Camry as an example, the influential magazine...

  • Ford Fiesta ECOnetic
    Ford Still Bearish On Diesels, Product Chief Derrick Kuzak Explains Why

    It’s the age-old question: Why do we still not have the wide range of clean-diesel models that automakers have offered to the rest of the world for decades? It’s proven that diesel powered cars can offer hybrid-like fuel economy--even better in some situations--as well as thrilling...

  • 2011 Nissan Leaf at quick-charging station
    Obama Seeking Rebates Instead Of Tax Credits For Electric Car Buyers

    Currently, buyers of electric cars receive a $7,500 tax credit that they can only realize once they file their taxes, often up to a year after they actually make their purchase. Without a doubt, this has limited the effectiveness of the incentive so it’s not surprising to hear there are many...

  • BMW ActiveHybrid 5 Concept
    BMW Working On 5-Series Based Electric Car For China

    Electric car development is quickly proving to be a worldwide effort, with companies and research institutes from across the globe and in varying industries and fields forming partnerships and alliances in order to accelerate the roll out of zero-emission electric cars. The latest is BMW and its...

  • 2011 Chevrolet Volt
    Congressmen Propose Lifting Number Of Vehicles Eligible For EV Tax Credits

    Hot on the heels of President Barack Obama’s pledge of support for expanding U.S. production and sales of plug-in electric cars in his State of the Union address earlier this week, comes more support for the zero emission vehicles from a pair of Michigan Democrats. Brothers Rep. Sander M...

  • BMW M6 carbon-fiber roof
    Daimler And Japan’s Toray Form Carbon Fiber Joint Venture

    Carbon fiber is seen by many in the auto industry as one of the most effective ways of reducing vehicle weight and thus improving fuel economy and emissions levels, but the relative expense of the material means that it’s still reserved for only a handful of high-end production cars. BMW has...

  • Chrysler headquarters

    With all the hoopla surrounding this week’s 2011 Detroit Auto Show, we’re quite surprised to learn that Chrysler has yet another major announcement to make, this time together with the Environmental Protection Agency. The two groups are set to announce a new research and development project next week at the EPA National Vehicle and Fuel Emissions Laboratory in Ann Arbor, Michigan. The announcement is to be made by EPA Administrator Lisa Jackson and Fiat-Chrysler CEO Sergio Marchionne. The only official comment is that the new project is for the exploration and evaluation of...

  • Think City electric vehicle
    Electric Car Company Think Starts U.S. Production Of City Minicar

    Think is a Norwegian based manufacturer of electric cars and is the same company behind the original ‘Th!nk’ electric car that went on sale in the U.S. during the late 1990s. Back then Think was owned by Ford, which sold it in 2003 to Swiss company Kamkorp Microelectronics. In 2006...

  • Lotus Safe & Sound noisemaker
    Needed Or Not, Electric Car Noisemakers Are Going To Be Law

    Although the relative silence of electric cars and hybrids was originally touted as one of their key beneficial attributes, alarmists have been less than enamored with the perceived difficulty involved in hearing one coming, especially advocates of the blind and the seeing impaired. While critics...

  • BMW ActiveHybrid 5 Concept
    BMW Hiring 2,600 Workers By 2012 For Hybrid And Electric Cars

    First General Motors said it would add 1,000 workers purely to work on electric cars. Now it's BMW's turn. In a strong indicator of its commitment to developing hybrid and pure electric vehicles, BMW says it will hire an additional 2,600 employees over the next two years to work in these particular...

  • Audi R8 e-tron concept to run 2010 Silvretta EV rally
    Audi Establishes New Research Center For EV Development

    Electric vehicle development is quickly proving to be a worldwide effort, with companies and research institutes from across the globe and in varying industries and fields forming partnerships and alliances in order to accelerate the roll out of zero-emission electric vehicles. Audi is one of the...

  • Audi A6L electric vehicle prototype
    Audi Partners With China’s Tongji University For EV Development

    Electric vehicle development is quickly proving to be a worldwide effort, with companies and research institutes from across the globe and in varying industries and fields forming partnerships and alliances in order to accelerate the roll out of zero-emission electric vehicles. The latest...

  • Turbocharger

    There’s no doubt new Corporate Average Fuel Economy (CAFE) regulations introduced by the federal government are hitting automakers hard, especially here in the U.S. where traditionally low gas prices have meant vehicle size, weight and efficiency have never been much of an issue. But thanks to CAFE regulations, which stipulate automakers raise their fleet-wide fuel economy to an average of 35.5 mpg by 2016, we’re starting to see a change in the types of vehicles being offered each year. On the way out are the fuel thirsty SUVs and V-8 sedans that dominated sales during the late...

  • 2011 Chevrolet Corvette Engine Build Experience
    Automakers Boosting Fuel Economy By Switching Engine Oils

    Tightening fuel efficiency and emissions regulations all around the world are pushing automakers to find ways they can improve their respective fleet's figures, with almost no element of the car being left untouched. Concepts that have worked quite successfully in the past include reducing weight...

  • BMW M6 carbon-fiber roof
    Toyota, Subaru Cars To Get Lighter Using Toray Carbon Fiber

    Carbon fiber is seen by many in the auto industry as one of the most effective ways of reducing vehicle weight and thus improving fuel economy and emissions levels, but the relative expense of the material means that it’s still reserved for only a handful of high-end production cars. BMW has...

  • 2009 Fisker Karma
    Fisker's $30M Parts Order Puts Karma Back On Track

    Plug-in hybrid/electric vehicles are no strangers to the vaporware syndrome: a product is announced, promised to be the best ever, raises funds, then fails to materialize--or does so at an incredibly slow pace. But Fisker's Karma looks set to defy the odds if a new $30 million parts order for the...

  • 2011 BMW 5-Series sedan
    BMW Looking To Curb Vehicle Weight With Increased Aluminum

    Lightweight materials such as carbon fiber are seen by many in the auto industry as one of the most effective ways of reducing vehicle weight and thus improving fuel economy and emissions levels, but the relative expense of the materials often mean that they are still reserved for only a handful...

  • Mercedes M-Class factory
    Another Day, Another Ambitious Hybrid/EV Start-Up Shows Up

    It seems like almost every month or so a new start-up, often with roots tied up with a huge manufacturing conglomerate based in China, announces ambitious plans to launch a new generation of advanced hybrid or electric vehicles. Some of them become somewhat successful, like Coda, while others...

  • Elon Musk

    When Tesla (Nasdaq:TSLA) finally listed on Nasdaq on Tuesday its share price went from $17 up to $23.89 at the end of trading, a gain of almost 41 percent in just one day alone. Scores of profit takers would have been rejoicing; among them Tesla CEO Elon Musk who managed to walk away with a cool $24 million after selling some of his own shares in the company. The gain should offer some solace for Musk who has reportedly sunk hundreds of millions of dollars of his own money into Tesla. As most would know, Musk made about $300 million selling PayPal and Zip2 several years back but the Tesla CEO...

  • Tesla Model S and Roadster
    Tesla Stock Surges Nearly 41 Percent On First Day Of Trading

    Wall Street investors rallied behind Tesla (Nasdaq:TSLA) today, with the electric car start-up’s share price surging nearly 41 percent on its first day of trading on Nasdaq. Tesla’s share price ended the day at $23.89 a share, a gain of $6.89 on its opening price of $17. Just the day before...

  • Elon Musk, CEO of Tesla Motors
    Tesla IPO Raises More Than $226 Million

    Tesla (Nasdaq:TSLA), or TSLA as it will trade under on Nasdaq, has been priced at $17 per share, allowing the electric car start-up to raise more than $226 million in its IPO. Investors were expecting the share price target range to be between $14 and $16 but the overflow of excitement saw Tesla...

  • ZF eight-speed automatic
    Fuel-Efficient ZF Eight-Speed Automatic Coming To Chrysler Cars By 2013

    Chrysler will soon be offering a new eight-speed automatic transmission developed by Germany’s ZF and used by luxury marques like BMW and Audi. The new transmission is said to be both more fuel-efficient and cheaper to manufacture than ZF’s popular six-speed unit that’s currently used by...

  • BYD e6 concept
    Report: First BYD EVs In U.S. Going To Government Fleets

    Chinese automaker and battery specialist BYD is accelerating plans to bring its first electric vehicles to the U.S. market, announcing plans for a new headquarters in Los Angeles and claiming that its E6 model already meets all local regulations and standards. However, before you get all excited...

  • Tesla Model S Sedan
    Toyota Teams Up With Tesla For Electric Vehicle Development

    Tesla and Toyota have announced that they intend to cooperate on the development of electric vehicles, parts, and production system and engineering support. The two companies intend to form a team of specialists to further those efforts. Additionally, Toyota has agreed to purchase $50 million of...

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