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Hydrogen powered London Taxis hit the road
Sun, 06 Nov 2011Hydrogen powered London Taxi revealed last Summer Over two years ago London Mayor, Boris Johnson, promised we would have a ‘Hydrogen Highway’ in London in time for the 2012 Olympics, with a small fleet of 150 cars, 20 black cabs and 5 buses all running on Hydrogen. He also said that London would have half a dozen hydrogen refuelling stations and, in typically ‘Boris’ style, proclaimed that Britain would become a ‘World Leader in Fuel Cell Technology’ and that one in three cars would be powered by hydrogen by 2020. And although we took Boris’s proclamations with a pinch of salt, we were pleased to see a senior politician seeing the future as something other than plug-in BEVs.
Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.
Mercedes-Benz replaces CLK with E-class coupe
Tue, 17 Feb 2009After a 12-year run and more than 460,000 sales across two generations, Mercedes-Benz has replaced the CLK with the 2010 E-class coupe. Debuting at next month's Geneva motor show and with U.S. sales slated to begin in June, the upmarket two-door represents a departure from its predecessor not only in name but also on a technical basis, switching from the old C-class platform to a modified version of the structure that underpins the recently revealed E-class sedan.