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Tesla, Chrysler take federal loan payment dispute public
Thu, 23 May 2013Tesla CEO Elon Musk took to Twitter Thursday to respond to Chrysler's barb that Tesla wasn't the first American automaker to repay the U.S. government for aid. Tesla, which paid off the remaining $451.8 million on its 2010 Department of Energy loan Wednesday, received $465 million under the highly politicized Advanced Technology Vehicle Manufacturing loan program.
Zagato V12 triumphs at Villa d'Este
Mon, 23 May 2011The Aston Martin V12 Zagato was victorious at this year's Concorso d’Eleganza at Villa d’Este, winning the Design Award for Concept Cars and Prototypes. The modern interpretation of the iconic DB4GT Zagato fought off competition from ten other entries including BMW’s 328 Hommage, Audi’s Quattro concept and the James Glickenhaus P4/5 Competizione Ferrari. Dr Ulrich Bez, CEO of Aston Martin, said: “We are thrilled to see that this car conquered people’s hearts.
Volkswagen Golf GTE plug-in hybrid revealed ahead of Geneva debut
Thu, 20 Feb 2014The VW Golf GTE Plug-in (pictured) debuts at Geneva If you like a quite warm VW Golf with a petrol engine, VW has that covered with the Golf GTI, and if you’d rather burn oil you can do that too with the Golf GTD. But now there’s a third way – the Volkswagen Golf GTE plug-in hybrid. Combining a 1.4 litre TSI turbo petrol with 148bhp and a 101bhp electric motor, the Golf GTE manages a combined output of 201bhp, enough to get to 62mph in 7.6 seconds and return official economy figures of 157mpg and emissions of a paltry 35g/km.