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Daimler’s Car2Go Smart car sharing dropped in the UK

I sight you won’t see from tomorrow – a Car2Go Smart on a UK road Need a car for a quick trip across town and don’t want to use public transport of a taxi? Then a car-sharing club is a good way to go. There are several choices on offer for those wanting a car for a quick trip but only one – Car2Go, run by Daimler and Europcar using Smart ForFours – will allow you to pick up in one place and drop of at your destination.

Aston Martin Sale: InvestIndustrial (& AMG) look to have won

It looks like the sale of a chunk of Aston Martin is going to InvestIndustrial, promising Mercedes AMG technology for AML. Just last week, Aston Martin finally confirmed the the Kuwait Investment Dar was looking to off-load a chunk of its shareholding in AML. And now it looks like a deal is done.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.