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Fisker Gets $100 Million Cash Infusion to Fund New Model
9/26/2012Fisker Automotive Inc. says it has raised more than $100 million in fresh capital from unidentified private investors to finance daily operations and development of its Atlantic extended-range hybrid midsize sedan.
Jaguar Unveils F-Type Sports Car
9/26/2012The new F-Type sports car from Jaguar offers a choice of three engines, including one that propels the two-seater from zero to 60 mph in 4.2 seconds and a top speed of 186 mph.
Chrysler Adds Commercial Unit to Ram Brand
9/26/2012Chrysler Group LLC is creating a new commercial-vehicle division of its Ram truck brand in preparation for the debut next spring of the latest generation of heavy-duty pickup trucks for fleets and small business.
Japan Funds Heat Recovery Technology for Hybrids
9/26/2012Japan's Industry Ministry and Science and Technology Ministry will provide about $54 million in subsidies to support the development of technologies to recycle heat generated by hybrid powertrains, The Nikkei reports.
Driverless Cars to Hit California Roads by 2015
9/26/2012California has passed legislation that will allow autonomous vehicles to operate in the state three years from now.
California Okays Driverless Cars
9/26/2012California has passed legislation that begins a process that will allow autonomous vehicles to operate in the state in three years.
Daimler Balks at Switch in A/C Refrigerant
9/26/2012The European Commission has been pushing carmakers to switch from R134a refrigerant to a "greener" material for in-vehicle air-conditioning systems by 2017.
PSA, GM May Build Small Cars Together in Brazil
9/26/2012Alliance partners PSA Peugeot Citroen and General Motors Co. are studying a plan to jointly produce small cars in Brazil, according to a French union official.
GM, PSA Eye Joint Small-Car Production in Brazil
9/26/2012Alliance partners PSA Peugeot Citroen and General Motors Co. are studying a plan to jointly produce small cars in Brazil, according to a French union official.
Tesla Slashes 2012 Revenue Outlook 28%
9/26/2012Tesla Motors Inc. has reduced its revenue forecast for this year to a range of $400 million-$440 million from its earlier prediction of $560 million-$600 million, citing the slow production ramp-up of its new Model S electric sedan.