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New car sales still accelerating

NEW CAR SALES raced ahead again last month, according to official figures. A total of 72,163 new vehicles were registered in August 2014 - a 9.4% rise on August 2013 and the 30th consecutive month of growth, the Society of Motor Manufacturers and Traders (SMMT) said. Last month's figure took the year-to-date total to more than 1.53 million - a 10.1% rise on the total for the first eight months of 2013.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.

New Ford Mustang: First right-hand-drive Mustang built

New Ford Mustang: First right-hand-drive Mustang built The new Ford Mustang, unlike Mustangs in the past, will be sold in the UK in right-hand-drive (and in other RHD markets too), and that has now got closer with the reveal of the first RHD Mustang (above) to roll out of a Ford production plant. Ford has already taken orders for the first 130 UK spec RHD Mustangs during the UEFA Champions League final back in May, when 500 new Mustangs were offered as a high-profile way to kick off sales of the new Mustang in Europe. The Mustang is available for the UK in RHD as either a Fastback or Convertible and a choice of either a 420bhp V8 or 2.3 litre EcoBoost with 324bhp, with a standard spec that includes Ford’s SYNC 2, Park Assist, Leather and 19″ alloys.