Porsche World Roadshow Rain Coat on 2040-parts.com

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Spanish Grand Prix (2013) RESULT

Mercedes did an impressive job in qualifying yesterday for the 2013 Spanish Grand Prix, but even Ross Brawn was hesitant to suggest his team could recreate their qualifying form in the race. And they couldn’t – not by a long shot. Alonso made his intentions clear at the start, moving from fifth on the grid to third by passing Raikkonen and Hamilton and headed off after Rosberg and Vettel.

Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.