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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.
Bentley Hunaudières: The Bentley that became a Bugatti
Sun, 29 Apr 2012Bentley Hunaudieres Now seemingly forgotten, the Bentley Hunaudières Concept car from the 1999 Geneva Motor Show was the forerunner to the Bugatti Veyron. At the end of the 1990s Volkswagen embarked on a buying frenzy that would see them become makers of some of the world’s most desirable cars, acquiring Bentley, Bugatti and Lamborghini in the space of a few months in 1998. But even though VW had bought Bentley and Bugatti it seems they weren’t entirely sure at first where they would take their new marques, and at the 1999 Geneva Motor Show they revealed a W16 hypercar.
2012 Canadian Grand Prix Qualifying: Vettel takes pole
Sat, 09 Jun 2012Sebastian Vettel has taken Red Bull’s second pole position in a row with a stunning qualifying at the 2012 Canadian Grand Prix. Red Bull may have seemed a bit out of sorts so far in the 2012 F1 season, but Vettel’s pole at the Canadian Grand Prix on top of Mark Webber’s win at Monaco last time out may be an ominous sign for the rest of the grid. Vettel took his Red Bull round Montreal’s Circuit Gilles Villeneuve a full three tenths of a second ahead of second place Lewis Hamilton and moves Vettel up to fifth place in the all-time pole listings alongside Nigel Mansell – and his career still has a long way to go to overhaul Schumacher, Senna, Clark and Prost.