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Conti, Oerlikon Partner on Motor/Gearbox Units for EVs and Hybrids
5/28/2013Continental AG and Group Oerlikon have agreed to develop and market integrated electric motor and transmission systems for electric and hybrid vehicles.
Venture Capitalist Leaves Fisker Board
5/28/2013Ray Lane, managing partner of venture capital firm Kleiner Perkins Caufield & Byers LLC, resigned from Fisker Automotive Inc.'s board of directors on Friday, Reuters reports.
Report: Europe’s Fuel Efficiency Ratings Off by 25%
5/28/2013New-car fuel economy ratings in Europe are grossly higher than consumers can expect in real-world driving conditions, according to an analysis by the International Council on Clean Transportation.
Car Sales Eke Out 1% Gain in Japan
5/28/2013Japan's registrations of new passenger vehicles, including minicars, edged up to 308,600 units last month from 306,300 units in April 2012, according to the Japan Automobile Manufacturers Assn.
Nissan, Renault EV Sales to Hit 100,000-Unit Mark This Year
5/28/2013Renault SA and alliance partner Nissan Motor Co. expect their cumulative global sales of electric vehicles to reach 100,000 units by the end of this year.
Renault-Nissan to Hit 100,000-Unit Mark in EV Sales This Year
5/28/2013Renault SA and alliance partner Nissan Motor Co. expect their cumulative global sales of electric vehicles to reach 100,000 units by the end of this year.
New Corvette’s Engine Rated at 460 hp
5/28/2013The new 6.2-liter LT1 V-8 that will power the 2014 Corvette Stingray sports car has been rated by SAE International at 460 hp and 465-lb-of of torque.
Fiat to Sell More Cars in Latin America Than Europe in 2013
5/28/2013Fiat SpA expects to sell more cars in South America and Mexico this year than in western Europe, says Chairman John Elkann.
U.S. Consumer Confidence Rises to Five-Year High
5/28/2013Americans are more upbeat about the U.S. economy that they have been since February 2008, according to the New York City-based Conference Board.
VW to Boost Wages 5.7% in Germany
5/28/2013Volkswagen AG has agreed with its union to hike wages of its hourly workers in Germany by 5.7% in two steps over 20 months.