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White House pushes for Friday deal on fuel-economy regulations
Wed, 27 Jul 2011The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.
Fiat takes majority control of Chrysler
Fri, 03 Jun 2011Fiat S.p.A. will pay $500 million for the U.S. government's 6 percent stake in Chrysler Group.
First Sight: Qoros 3 Sedan, Wagon and Cross Hybrid
Fri, 15 Feb 2013'Drive New Answers'. That's the tagline for the all-new Qoros brand, a company set to take the European world by storm and shake up the status quo doing so. With an in-house modular platform, hybrid drivetrain and team of big hitters behind the company scenes there's plenty of reason to take this Chinese-Israeli joint venture very seriously indeed.