Vintage General Motors Hydraulic Lifter ~ Part # Hl-62 on 2040-parts.com

Toyota begins testing wireless recharging for electric cars

Toyota has announced that it will begin actual verification testing of its new wireless battery charging system for electric vehicles, one which charges the battery of a plug-in hybrid or a pure-electric car by having the car park over it. Toyota's charging system uses magnetic-resonance technology, which operates by transmitting electricity by using the magnetic resonance resulting from changes in magnentic field intensity between a coil positioned under the car, and a receiving coil built into the underside of the vehicle. This system eliminates the need for physically plugging in an electric car or a hybrid to an actual plug, and also has the potential to solve the problem of multiple types of actual plugs.

GM to drop plans for range-topping Cadillac sedan

General Motors has decided to deep-freeze a range-topping ultraluxury sedan it was developing for Cadillac, according to three people with knowledge of the company’s plans. GM executives recently concluded that the rear-wheel-drive car, which would have been a low-volume showstopper priced well north of $100,000, didn’t offer enough brand-building pizzazz to justify the investment, the sources said. Designers recently were taken off the program and reassigned.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.