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VW reveals plug-in diesel hybrid concept, claims 261 mpg

Volkswagen has used a car show in the Middle East nation of Qatar to unveil a two-seat plug-in hybrid concept car that the automaker says will deliver 261 mpg. The VW XL1 uses a lithium-ion battery pack, an electric motor and a two-cylinder, 0.8-liter diesel engine for the powertrain. We're still digesting the press release, but here are some highlights: -- VW says the XL1 can travel about 22 miles on electricity from the battery pack.

Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology

BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.

Geely to buy bankrupt London Taxis

The Chinese press are reporting that Geely are to buy London Taxi maker Manganese Bronze, which went in to liquidation in October. Back in October we reported that Manganese Bronze – makers of the iconic London Taxi – had gone in to administration, finally tipped over the edge by  steering box failures in the TX4. After years of under-investment – and a product that has been usurped by both the Mercedes Vito Taxi and the new Nissan NV200 Taxi – it looked like Manganese Bronze had no way back.