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California's crawlin' with concours
Thu, 14 Feb 2013If you live in California or if you might be coming through, here are some car-related events you'll want to see. You may even want to make a special trip to see them. Feb.
Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.
Drayson Racing aiming for Electric car World Land Speed Record
Thu, 30 May 2013The Drayson B12 69/EV – heading to RAF Elvington to break the EV land speed record. One of the best uses for electric car technology is to deliver copious amounts of instant torque for track cars – far more than an ICE engine manages – and Drayson Racing Technology is aiming to prove how much that electric power can help by taking its Drayson B12 69/EV to RAF Elvington on 25th June to attempt to break the land speed record for an EV. That record – 175mph – has stood since 1975 (which probably shows how little EV technology has really moved on in the last 40 years), but the low-drag version of the Drayson electric Le Mans prototype is aiming to break that down the 1.86 mile runway at Elvington.