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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.

Barrett-Jackson to auction commemorative Z06 Corvette for museum fundraiser

In honor of the Chevrolet Corvette's inaugural appearance and victory at the 24 Hours of Le Mans some 50 years ago, Chevrolet built a special 2011 Corvette Z06 wearing the same paint scheme--Arctic White paint, blue stripes and the number "3"--to pay tribute to the class-winning 1960 Cunningham Corvette. Chevrolet and the General Motors Design Center built and added several special one-off features for this car, which has vehicle identification number 001: -- Competition Gray headlamps, mirrors and wheels -- Special 50th-anniversary of Le Mans racing logos -- Blue brake calipers -- Z07 performance package with Brembo carbon-ceramic brakes -- 19-inch front/20-inch rear 20-spoke Competition Gray wheels with Michelin PS2 tires -- Magnetic Selective Ride Control -- Black carbon-fiber front splitter and rockers -- ZR1-style rear spoiler -- Ebony leather-wrapped interior with Competition Gray trim -- Carbon-fiber fenders and floor panels Corvette Racing fans will recognize the special-edition Z06 as a participant in the Legends of Le Mans event at Laguna Seca in 2010. Driven by Corvette Racing legend Ron Fellows, the Z06 was accompanied by the 1960 Cunningham, the 1967 Bondurant/Guldstrand, the 1973 BF Goodrich and the C6.R GT2 Corvettes for a parade lap on the track.

Nissan’s new lightweight philosophy revealed

The leaked official drawings of the new Nissan Micra might have revealed the conventional styling of the company’s new supermini, but they gave little clue to the dramatically lightweight new platform that underpins it. The new Micra will be significantly lighter and more fuel efficient than the outgoing car due to a ruthless pursuit of weight reduction on the new V-platform (V = versatile), which on average has slashed 50kg from the new car's weight, and up to 70kg on some models. Project leader Noritaka Tsuru described the new package as a 'breakthrough car' that required a complete 'change in mentality' in how Nissan makes cars.