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Cash-for-clunkers deal to end Monday night, government says
Thu, 20 Aug 2009The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.
Corvette-powered Karmas coming in 2014
Fri, 18 Oct 2013VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karma from hybrid power to Corvette power. Lutz told Automotive News on Thursday that the company has bought 25 unsold Karmas and has settled a dispute with an Asian investor that prevented VL from accessing the codes that operate the Karma's infotainment system. "Without getting those codes, it was close to impossible to get a working car," Lutz said.
Hyundai i40 Hybrid & i30 CNG: Paris 2014
Fri, 03 Oct 2014The Hyundai i40 Hybrid & i30 CNG on the floor in Paris Hyundai is busy trying to find ways to reduce emissions and increase economy – just like every other car maker – and has arrived at the Paris Motor Show with a pair of economy-focused models – the Hyundai i40 mild hybrid and an i30 running on compressed natural gas (CNG). The Hyundai i40 gets a 48V mild hybrid setup just like the Kia Optima-T Hybrid, which means a 48V lead-carbon battery which cuts emissions from the 1.7 litre diesel by up t0 20 per cent by allowing electric-only running at low speeds and when cruising and, just like the Optima, the i40 hybrid gets a belt-driven starter generator for seamless restarting, which also contributes to engine power in normal running. The beauty of the system – apart from improvements in economy and emissions – is that it’s very light compared to a full hybrid – just 46kg – and costs 75 per cent less than a full hybrid system to install.