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VW halts merger talk with Porsche

Volkswagen on Sunday slammed the brakes on merger talks with Porsche, just before the first meeting to discuss ways to bring all of the automakers' brands together under one entity. VW said that it made the move because it believes that Porsche doesn't have a solid plan for the merger. VW and Porsche announced the plan to hold merger talks on May 6.

Los Angeles, Miami on 2014 Formula E schedule

Today Formula E, the open-wheel world championship for electric cars sanctioned by the FIA, released a preliminary list of eight cities across the globe where races will be held: London, Rome, Los Angeles, Miami, Beijing, Putrajaya (Malaysia), Buenos Aires and Rio de Janeiro. Rome and Rio de Janeiro had been announced earlier, but the rest of the cities are new to the schedule. All courses will be run on city streets in downtown locations accessible to public transportation, according to a release by Formula E Holdings, the organization putting on the series.

Volvos to get twin-clutch gearbox

By Ben Pulman Motor Industry 14 May 2008 13:33 Volvo’s C30, S40 and V50 are now available with a new six-speed twin-clutch ‘box – dubbed Powershift – mated to the company’s 134bhp 2.0-litre diesel. The new twin-clutch gearbox has been developed with Getrag (and Volvo's parent company Ford), and is basically the same unit recently announced in the Focus and C-Max. Volvo claims the new gearbox offers an 8 percent improvement in fuel consumption over a conventional six-speed automatic.