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VW Golf MK 7: BlueMotion & 4Motion announced

Volkswagen has revealed additional engine options for the VW Golf MK 7 – 1.2 & 1.4 TSI BlueMotion – and 4Motion 4WD. Unsurprisingly, Volkswagen is going to be offering their eco-star BlueMotion setup in the new Golf with two petrol options available and the option of ACM (Active Cylinder Management). Entry-level for the new Golf BlueMotion will be the 1.2 litre TSI with 105PS with a more powerful version with the 1.4 litre 122PS engine also available.

Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.