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Car-sharing programs hit the big time

Rental-car company Getaround introduced its business plan for “peer-to-peer car sharing” on May 24 at the Tech Crunch Disrupter conference in New York City. Unlike other car-renting and car-sharing companies such as ZipCar, Getaround works by connecting potential car renters with willing car owners via an iPhone app. All Getaround vehicles are privately owned.

Chevy Volt to take on Vauxhall Ampera in Europe

Chevy Volt to take on Vauxhall Ampera in Europe They’ve been hyped for a very long time – the Chevy Volt and Vauxhall Ampera – and 2011 is the year that both hit the roads. You don’t have to be an out and out petrolhead to know that Chevrolet have built the Volt for the North American market and that the Vauxhall Ampera (OK, Opel Ampera too) is for the European market. Or so we thought.

New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.