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U.S. offers advance peek at 'cash for guzzlers' rules
Fri, 24 Jul 2009Dealers participating in the "cash for guzzlers" program must visit www.cars.gov to find a list of facilities that may qualify for scrapping vehicles and then make sure the company can crush or shred trade-ins, according to preliminary rules on the Web site. The government posted the rules today for the program, designed to lift U.S. light-vehicle sales from 27-year lows.
Green Light For More Smart Motorway Schemes
Wed, 09 Jul 2014THE Government has announced plans to speed up journey times on selected parts of the nation’s motorway network. As a result, work will start to convert the hard shoulder into a running lane on two sections of the M1 and on a stretch of the M3. The M1 work will be between junctions 28 and 31 in Derbyshire and between junctions 32 and 35a in South Yorkshire, with claims that it will boost capacity by up to a third and improve journey times by up to 10%.
Fisker expects to partner with automakers
Sat, 08 Dec 2012Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year. Tony Posawatz, Fisker's CEO and former chief engineer of the Chevrolet Volt, told Automotive News that Fisker is in talks for three potential deals in which executives at the "highest levels" of the companies involved are "talking specifics." "We are absolutely committed to making this company win longer term, and the history of smaller companies living on their own in the automotive business is not stellar," Posawatz said in an interview. "We are not going to go it alone." Posawatz said alliance deals could be completed within the next year.