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Are Peugeot Citroen set to be bought out by GM?

Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.

GM to build electric motors in-house

General Motors will develop and build electric motors for a rear-wheel-drive hybrid to launch in 2013. GM claims to be the first major U.S. automaker to produce electric motors in-house and says it is investing $246 million in the project.

Cycle-rail journeys 'almost triple'

MASSIVE increases to public transport network spending have led to the near-tripling of the number of ‘cycle-rail’ journeys taken since 2009, according to government statistics. An update on the coalition’s ‘door to door action plan’, published close to the New Year, details how huge increases in funding for secure cycle parking facilities and public transport integration have led to increased usage. The government is using the data to encourage more people to take up ‘greener’ ways of getting to work.