American Electric Power and power plant supplier Alstom have agreed to work together to implement a commercial scale version of Alstom's carbon capture technology by 2011. The first phase of the project will involve the construction of a 30MW…
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Report: 2011 Euro Range Rover to get 4.4L diesel, the ex-F150 engine?
It's being reported that the 2011 Range Rover (in Europe at least) will be getting a new diesel engine option to replace the current 3.6-liter V8 diesel. The new engine scheduled to launch this fall is a 4.4-liter V8 with 308 horsepower and 516…
Chrysler reports $183M second quarter operating profit, $172 million loss overall
CHRYSLER GROUP LLC REPORTS FINANCIAL RESULTS FOR THE PERIOD ENDED JUNE 30, 2010
CHRYSLER GROUP ACHIEVED A POSITIVE OPERATING PROFIT OF $183 MILLION IN THE SECOND QUARTER AND POSITIVE CASH FLOW OF $474 MILLION, FURTHER STRENGTHENING CASH POSITION TO…
Ford plans unique delivery strategy for new Fiesta owners
Ford Fiesta ownership application – Click above for high-res image gallery
Social media has been a critical element of Ford's marketing strategy during the run-up to the 2011 Ford Fiesta launch, so it comes as no surprise that it'll play a part in…
Hyundai introduces new 2.0L and 2.2L diesel at Korean conference
Hyundai has just introduced a pair of new four-cylinder diesel engines in Korea that would probably be ideally suited to its U.S. market Sonata and Santa Fe, if only they were offered here. Unfortunately, the new R-engine, as Hyundai is calling it,…
Peugeot BB1 heads to London for a visit
Peugeot BB1 concept goes to the London Eye – click above for high-res image gallery
Peugeot has sent its BB1 electric car concept to British capital for a weekend visit. The BB1 was unveiled at the Frankfurt Motor Show in September as a tiny lithium…
Audi's Luhr/Werner clinch ALMS LMP1 class championship
click the R10 for a high res gallery from the Detroit race
The only real question in the P1 class of the American Le Mans Series this year was which Audi driver pairing would capture the championship. Audi only faced one actual challenger all season…
LA Preview: Lexus confirms debut of 2010 RX450h and RX350
Our friendly neighborhood Toyota/ Lexus spokesman, Curt McAllister, dropped us a note with an official announcement of what's coming to the Lexus booth at next week's LA Auto Show, and as expected, the big reveal will be the reworked RX luxury…
Ford announces Xcel Energy as first customer for Transit Connect Electric
Ford Transit Connect Electric – Click above for high-res image gallery
Ford and its conversion partner Azure Dynamics have announced that electric and natural gas utility Xcel Energy will be the first customer for the upcoming Transit Connect…
Warren Buffett's company buys stake in China's BYD
Warren Buffett is renowned for making money buy investing in companies that he thinks have a some inherent value and holding the stock. So when he or his flagship company Berkshire Hathaway put money down, it's worth taking note. MidAmerican Energy…