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BMW i Ventures buys in to ParkatmyHouse.com

BMW i-Ventures invest in ParkatmyHouse.com Earlier this year – when BMW launched their BMW-i Brand – there was also news of a new BMW company – BMW i Ventures – which BMW said they were setting up to invest in interesting stuff related to cars. BMW stated their goal as “…to expand the range of products and services offered by BMW i in the long term by taking stakes in highly innovative service providers”, and their first investment was in to an app business -  My City Way – which provides users with information on public transportation, parking availability, and local entertainment. BMW argue – very sensibly – that our fuel usage can be cut by using common sense and new technology.

EU cuts Co2 Targets to help Euro car makers

In an astonishing outbreak of common sense, EU negotiators last night agreed a deal to ease the draconian Co2 targets for EU car manufacturers. Originally, EU car makers had to meet the new regulations by 2012, but have now won a concession to hit 65% of target by 2012, 75% by 2013, 80% by 2014 and 100% by 2015. This scaling back of the targets was achieved after Germany objected to the original proposals.

Infiniti and Formula One driver Sebastian Vettel collaborate for Frankfurt

Getting extra press is just one of the benefits of having defending Formula One World Champion driver Sebastian Vettel as a company ambassador. The other is the chance to sell cars with Vettel's name attached. Infiniti has been a partner with Vettel since it signed on as a sponsor of the Red Bull Racing team at the start of this year's F1 season.