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General Motors reportedly close to selling Hummer for $150 million
Fri, 09 Oct 2009General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.
Audi R8 LMS joins Race of Champions garage
Fri, 05 Nov 2010Audi's racy R8 LMS coupe will be part of the lineup for this year's Race of Champions event, which runs Nov. 27-28 in Dusseldorf, Germany. The R8 LMS has racked up 60 wins over the past two years.
Japan hopes to make EV recharging technology the global standard
Tue, 16 Mar 2010Japan's automakers aim to cement their lead in electric vehicles by making Japanese recharging technology the global standard and bringing it to the United States. A coalition of manufacturers, including Nissan and Toyota, is teaming with Japan's biggest electric company and the government to make it happen. They aim to corner the market on one of the technologies that will be key to the eventual acceptance of electric-powered cars: the high-speed charging points that will act like gasoline stations of the future and enable drivers to recharge and keep driving after their batteries run low.