Autoblog

It's Official Chrysler and Chery deal signed in Beijing

Chrysler was the first Western automaker to set up shop in China a quarter century ago and now they may well be the first to bring Chinese made cars to the US market. As expected, today in Beijing Chrysler CEO Tom LaSorda and Chery Automobile Co.…

Autoblog

Venture Vehicles gets $6 Million in Venture Capital

Click the VentureOne to enlarge and see a gallery
Venture Vehicles, the company working on the articulated three wheeled VentureOne vehicle, has just taken a big step toward financial sustainability for itself. They've received $6 million in Series A…

Autoblog

Toyota execs skeptical about PHEV market acceptance

Toyota may have been on the bleeding edge of developing strong parallel hybrids for production cars, but when it comes to plug-ins they're not quite so enthusiastic. In an interview with Bloomberg, Toyota's Bill Reinert expresses skepticism about the…

Autoblog

British fuel demand down 20% due to high prices

If you think we've got it bad here when it comes to fuel prices, our friends in Europe have it far worse. Gasoline is now $8.75/gallon in the UK and it is having a real impact on people's behavior. In a report from the International Energy Agency, it…