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Detroit Electric delays SP:01 EV

Detroit Electric will delay the SP:01 EV roadster for at least a month, according to a company executive who talked to the Detroit News. The company still hasn’t finalized a manufacturing location in Wayne County. Production was scheduled to start in August, now it’s slated for September.

Chrysler investigated after collapse of Getrag deal

The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.

Peugeot 308 CC (2008): first photos

By Tim Pollard First Official Pictures 11 July 2008 09:26 Peugeot – the pioneer of folding hard tops – today unveils the new 308 CC. It's not a radical coupe cabriolet, but it's a gentle evolution of the 307 CC blueprint: a four-seater family hatch turned convertible.The French company invented the first production opening metal roof back in the 1930s, after a few coachbuilders toyed with low-volume concepts, and then brought them to the mainstream with the 206 CC in 2001. The new 308 CC follows the same formula with a metal roof that somersaults into its loadbed in 20 seconds to leave a completely flat (if long) rear deck.Gobbling boot space as it goes?Naturally, the  boot shrinks when the roof is lowered, dipping from 465 litres to 266 when it's stowed.