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Toyota condemns the Electric Car
Tue, 06 Oct 2009Electric cars - like the Reva NXG - are not a viable mass-market option. Toyota’s head of R&D in Europe – Masato Katsumata – said in a speech that the electric vehicle won’t be a mass-market phenomenon, and that the future – at least in the coming decades – will be petrol engine hybrids. “We don’t see any short-term breakthrough in battery technology” he said.
SECOND-HAND CAR MARKET REVS UP
Thu, 10 Oct 2013THE SECOND-HAND car market is accelerating again, according to latest figures. A total of 1.8 million used cars were sold in the period July to September 2010 - a 4% rise on the same period in 2009, statistics from information services company Experian showed. The summer 2010 figure was 1.1% higher than the figure for the previous three months of April-June 2010.
GM to build new pickups in Missouri, 2 midsize models in Tennessee
Tue, 20 Sep 2011General Motors plans to build its next-generation mid-sized pickup in Missouri and will reopen its former Saturn assembly plant in Tennessee to build two new mid-sized vehicles, according to details released Tuesday of its tentative pact with the UAW. GM has been tight-lipped about whether it planned U.S. production of the next iteration of the Chevrolet Colorado and GMC Canyon, its small pickups.