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Concept Car of the Week: Mitsubishi HSR (1987)

In 1987, Mitsubishi initiated a range of concept cars called HSR (High Speed Research) with the intention of creating a futuristic vision for the brand combining advanced technology, efficient power and aerodynamic design. The first concept car was designed for safely cruising on the motorway at very high speed, thanks to cutting edge electronics. The car's internal computers measured speed, weather, driver input and grip, and adjusted the 4-wheel drive system and the 4-wheel steering automatically.

EVs are Dead, Long Live Tesla says Morgan Stanley analyst

The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.

Jaguar-Land Rover officially sold (2008)

By Ben Pulman Motor Industry 02 June 2008 15:37 Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth.