U.S. Bankruptcy Judge Kevin Gross on Friday ordered a competitive auction for the assets of Fisker Automotive, rejecting a proposal by a group led by Hong Kong billionaire Richard Li to assume control of the failed electric auto manufacturer in a private sale.
Robert Bosch said it is cooperating with European antitrust authorities as part of an antitrust investigation into suppliers that has already ensnared fellow German company Schaeffler.
Omnitek Engineering said inquires from large fleet operators interested in converting heavy duty truck engines to natural gas gained momentum in 2013, with the company shipping a preliminary order late in December to one of its domestic conversion center partners and the commencement of initial kit sales to a European country committed to a 10-year target of two million conversions.
In addition, a Latin America customer received a preliminary order of U.S. – manufactured natural gas engines utilizing the company’s technology for an initial 50- bus conversion project.
Tata announces the launch of the new Nano Twist, a new addition to the Nano range.
Volvo rounded off a successful year in China by receiving a five-star rating for the Volvo V40 in the 2013 China NCAP test – and the overall result is the best in the passenger car category since the protocol was upgraded in 2012.
