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Second new London taxi of 2014 unveiled
Thu, 16 Jan 2014LONDONERS had better prepare themselves for another new generation of taxi, just days after Nissan confirmed its own assault on the Black Cab market. The plug-in hybrid Fraser-Nash Range Extended Electric Metrocab is capable of more than 75mpg and less than 50g/km of CO2, and is expected to cost no more than a current Hackney carriage. The company says the vehicle could save cabbies £30 to £40 per day in running costs and can go longer between fill-ups.
Mini Paceman
Fri, 14 Sep 2012Mini has presented its latest model, the Paceman, as it ventures into a new vehicle class. Appearing – almost to the millimeter, bar colour and trim detailing – to be the Paceman concept seen at NAIAS 2011 in Detroit, the Paceman Sports Activity Coupe features many traditional Mini design cues. Where it moves away from them, it is in keeping the new-style squared off front lamps of the Countryman (with which it shares a front end up to the base of the windscreen) and a roofline which tapers down much more than we've seen in any previous ‘new' Mini before.
Chrysler says it needs another $2 billion in aid
Tue, 17 Feb 2009In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.