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Hyundai i10 Electric introduced

The all electric Hyundai i10 will show at Frankfurt (click for bigger image) This is a bit of a surprise from Hyundai, as they’d always said they would concentrate on hybrids until hydrogen fuel cell technology was advanced enough to make it viable in a budget car. But Hyundai are being pragmatic. There is a desire from the public for all electric cars – however misplaced that may be – and Hyundai aren’t going to be left out.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Former car writer has dream job at Mazda R&D

True story: When Mazda engineer Dave Coleman was 10 years old, he announced that he wanted to work at Mazda. See, at about that time, his dad bought a 1983 Mazda RX-7, a car so overwhelmingly awesome to young Dave, he was hopelessly smitten with the entire brand. “All the other kids, when you asked them what they wanted to be when they grew up, they said all that astronaut/fireman crap.