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Daimler takes 10 percent stake in EV maker Tesla
Tue, 19 May 2009Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
Cadillac Elmiraj concept (2013)
Fri, 16 Aug 2013Cadillac has revealed its Elmiraj grand coupé concept, which showcases its plans for its next-generation flagship sports models. The four-seater concept – which measures in at 5,207mm long, 1,930mm wide and 1,397mm high – was designed at General Motors' advanced design studio in North Hollywood, California, under the direction of Frank Saucedo and is an evolution of last year's Cien concept. Mark Adams, Cadillac design director, says, "Elmiraj advances Cadillac's provocative modern design and performance, contrasted with bespoke craftsmanship and luxury.
New Ford Mustang leaks out ahead of official reveal
Wed, 04 Dec 2013The first photo of the 2015 Ford Mustang Ford has been busy getting ready for a reveal of the new 2015 Ford Mustang on the 5th December, but their powder has been made a little damp by scanned images from Autoweek’s story on the new Mustang leaking out ahead of publication. The new Mustang still looks like a Mustang, but in a nod to Ford’s European styling mantra it gets a version of the Aston Martin like grill now proliferating across Ford’s European range together headlights incorporating LEDs. At the back, the new Mustang has the required three bar lights and a new diffuser, whilst the interior looks decent quality if a little retro in style.