News

ElectricFiat, Chrysler in no Hurry to Develop Hybrid Vehicles
While the vast majority of global manufacturers putting more and more emphasis on hybrid engines, plug-in hybrid, electric or fuel cells, the Fiat-Chrysler group does not intend to follow this trend. This was confirmed by Bob Lee, head of engine development, in an interview he gave to the magazine Automotive …
NewsTesla Posts $30.5M Net Loss in Q2 But Beats Expectations, CEO Talks New Models.
Electric carmaker Tesla surprised investors by posting better than expected financials Wednesday. The real numbers (using GAAP or Generally Accepted Accounting Principles) were a net loss of 30.M for the second quarter. If the company doesn’t use the GAAP that defers some revenue from vehicles financed through the company and …
NewsChrysler to spend $52M at 2 Michigan engine plants, creating 298 new jobs
DETROIT - Chrysler is investing $52 million at two Michigan plants to build more four-cylinder engines in anticipation of increased demand. The money is going into factories in Trenton and Dundee, Mich., south of Detroit. Almost 300 new jobs will be created at the Trenton North factory. The investment will …
ElectricBMW i8 Specs Revealed
BMW has released the preliminary specs of its first plug-in electric hybrid sports car. The vehicle will be powered by a compact three-cylinder gasoline engine combined with an electric drive system and a lithium-ion battery which can be recharged at a standard household power socket. Power output will be rated …
NewsMaple Leaf Bash
The Maple Leaf Bash is a two-day drifting event that was held at Autodrome St-Eustache over the weekend. Rather than be a competition similar to the Drift Mania Canadian Championship, the Bash is more of a party with various drifting events happening throughout the day. In only its second year, …
NewsCurrent Mini Coupe and Roadster to be Discontinued
MINI is planning to revamp its lineup of vehicles and won’t continue the familiar coupe and roadster versions. The British brand has two new front wheel drive architectures that it intends to base 18 new models off of within the next five years. The new sports cars will be entirely …
NewsCisco: Connected Cars Can See $1400 in Yearly Savings
Andreas Mai, who manages Cisco’s connected-car group, says that by allowing automakers to access to your driving data can save you $1400 in yearly operating costs. Cisco teamed up with Germany’s Continental AG and will be unveiling a connected car concept vehicle this week at the Center for Automotive Research’s …
New ModelsVolkswagen Alltrack to hit North American shores in 2014
Volkswagen is planning to bring a competitor to the Subaru Outback to North America as early as 2014, sources say. The vehicle will be similar to the Alltrack concept car pictured above. A Passat Alltrack currently exists in Australia but this new vehicle will be based on the Jetta SportWagen …
671 / 815