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Audi R8 e-Tron WILL go in to production & get 280 mile range

The Audi R8 e-Tron (pictured) is going in to limited production. Audi has been playing with the electric R8 e-Tron for the last five years, with a constant on and off for production. But it seems the R8 e-Tron is going in to production after all.

Local Motors announces Pacific Northwest competition winners

Local Motors has announced the results of its Pacific Northwest design competition, which asked contenders to create a vehicle for the region's inhabitants. Taking into account nature's four elements - Earth, wind, fire and water - designers the world over answered a brief that called for designs that would enable drivers in the Pacific Northwest to 'thrive in the elements'. Competition entrants were encouraged to create a vehicle inspired by the elements or specifically tailored to allow the users to better experience the elements, all while causing little to no environmental impact.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.