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Daimler takes 10 percent stake in EV maker Tesla
Tue, 19 May 2009Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
Ford Interceptor (2007): first official pictures
Tue, 02 Jan 2007By Tim Pollard First Official Pictures 02 January 2007 12:51 Ford Interceptor Concept: the lowdown What do you get if you take the iconic Ford Mustang and mix in a four-door saloon with a large dollop of attitude? Ford has tried just that and come up with the Interceptor concept, due to bow in at the Detroit Motor Show next week. Conceived along the lines of the Chrysler 300C, this is a four-door you'd be happy to drive, unlike many of Ford's recent saloons.
2013 Fiat 500 gets modest turbo model
Fri, 17 Aug 2012Fiat is adding a midlevel model, the 500 Turbo, to its U.S. lineup for 2013. The car will get a turbocharged 1.4-liter MultiAir engine rated at 135 hp and 150 lb-ft of torque.