Autoblog

BMW M and Mercedes AMG each see huge sales spike in 2008

Click on the image above for a high-res gallery of the Mercedes-Benz C63 AMG
No one would argue that 2008 was anything but a miserable year for the auto industry worldwide. Even high end brands like Bentley, Porsche and Ferrari were feeling the pain.…

Autoblog

BP buys 50 percent stake in Brazilian ethanol venture

British Petroleum is acquiring a 50 percent stake in Tropical BioEnergia SA, a Brazilian company that's currently building a new ethanol plant in Edéia, Goias State, Brazil and planning a second plant. The new plant will have a capacity of 115…

Autoblog

Oil refiner CEO advocates for higher fuel taxes

In recent weeks, as the price of crude oil and refined gasoline have continued to decline from their summertime highs, an increasing number of people have been jumping on the gas tax bandwagon. Many analysts and pundits have come out in favor of a…