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Land Rover LRX Concept gets a boost from UK Government

The Land Rover LRX Concept, which was first revealed looks like the perfect route to go. But after a flurry of showings Land Rover has gone a little quiet on the project. It is reckoned that the project will cost Land Rover, and its parent Tata, around £300 million to get production ready.

BMW Concept 1-series tii and M3 saloon (2007): first official pictures

By Steve Moody First Official Pictures 24 October 2007 02:47 Two World Debuts at Tokyo: Are BMW turning Japanese? With the vast proliferation of BMW models, there just aren’t enough motor shows to go round, so Tokyo was treated to the unusual sight of two world debuts from the Germans: the outwardly sensible (but mental behind its closed four doors) M3 and the mental-in-every-way Concept 1 Series tii. The Concept 1 Series tii, BMW executives were extremely keen to point out, is a design study intended to highlight the new coupe’s links to great road and racing BMWs of the past, such as the 2002 tii of the 60s and 70s and the brilliant 3.0 CSL of the 70s.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.