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Aptera Motors reaches end of the road
Wed, 07 Dec 2011Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.
GM to slash global vehicle platforms by more than half, to 14, by 2018
Tue, 09 Aug 2011General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.
F1 goes all arty with oil: Lewis Hamilton portrait
Mon, 08 Jun 2009By Peter Adams Motoring Issues 08 June 2009 14:00 It’s not often that the motoring world slickly merges with art, but Mobil 1 has made it happen. US artist David Macaluso has painted a portrait of Lewis Hamilton using oil not from a tube of paint, but from the sump of Hamilton’s F1 car. The oil was taken from Vodafone McLaren Mercedes’ 2008 F1 car – the vehicle that took Hamilton to the world championship last year.