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Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.

Cold Fusion: Has the Holy Grail of Energy arrived in E-Cat?

Scientists Andrea Rossi talks about his Cold Fusion E-Cat Cold Fusion – or low-energy nuclear reaction as scientists prefer to call it – has been the Holy Grail of energy production since it was first mooted in the 1920s by Austrian scientists Paneth and Peters. Essentially, cold fusion is a low energy, contained nuclear reaction which doesn’t use fossil fuels and produces no radiation. The problem is that the laws of thermodynamics say Cold Fusion is impossible.

Driven: BMW Z4

Loved as it may be by its loyal fanbase, the outgoing Z4 was always something of a mixed bag in terms of design. While the car's classic long-bonnet, cab-back profile and short overhangs should have pleased the eye, the BMW's sheer frontal mass made its proportions seem out of balance. The application of the company's then-new ‘flame surfacing' form language also generated a visual business that seemed out of place on something as conceptually simple as a roadster.