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Funding row erupts over road repairs
Fri, 17 Jan 2014COUNCILS hit by the recent extreme weather are calling for extra funding from central Government to help meet the multi-million pound roads repair bill. The Local Government Association (LGA) wants the Department for Transport to create a highways maintenance emergency fund following the recent spate of heavy rain and flooding. But the Government said councils have been allocated their funding and should have created contingency funds themselves.
Mitsubishi will offer plug-in hybrid in 2013
Mon, 22 Nov 2010Mitsubishi will launch a plug-in hybrid SUV in 2013, the head of the company's electric vehicle business unit said. The SUV will be similar to the Px-MiEV concept car shown at the 2009 Tokyo auto show, said Yoshikazu Nakamura, senior executive officer of Mitsubishi Motors Corp.'s global electric vehicle business. The plug-in hybrid is in its final stages of development, he said.
GM financial results
Mon, 10 Nov 2008By Ben Whitworth Motor Industry 10 November 2008 10:07 GM is on the ropes. In an official statement made late Friday night the carmaker said under current market conditions it would run out of cash in the first half of next year. And Ford is not far behind… Hard to believe?