Firstgear Jacket on 2040-parts.com

Tesla Model S fire – are petrol or electric cars safer?

Tesla Tesla Model S fire – are petrol or electric cars safer? Last week, a Tesla Model S all-electric luxury car like that pictured above caught fire. Lithium-ion batteries – similar to those powering the Tesla – have developed something of a reputation for spontaneous combustion in recent years, including notable incidents involving not only mobile phones and laptop computers but also the Boeing Dreamliner ‘super jumbo’ passenger aircraft.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

Milano Design Week 2005

Every year, hordes of designers from across Europe gather in Milan to present their work and gain inspiration for next year's. Newcomers to the event are usually surprised to realise how accurate the title is: work is not confined to just one arena, but the entire city. Good shoes are definitely high on the list when packing.