Daily Archives: April 24, 2014

GM fights proposed class action litigation

GM seeks U.S. court protection against ignition lawsuits

General Motors  filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.

Caterham Seven conversion with Indy roadster style envisioned by Zolland design

Caterham Seven conversion with Indy roadster style envisioned by Zolland design

Last year at the Singapore Grand Prix, Caterham revealed the AeroSeven Concept, previewing a road model, which will arrive sometimes this year.

VW faces rising opposition to Scania bid as Alecta rejects offer

VW faces rising opposition to Scania bid as Alecta rejects offer

Volkswagen Group faces increasing opposition to its €6.7 billion ($9.3 billion) bid for the rest of truckmaker Scania after the third-biggest shareholder rejected the offer.

California Energy Commission approves plans to invest nearly $500M in electricity R&D and alternative fuels

The California Energy Commission has unanimously approved two major investment plans that could total nearly a half a billion dollars. One will fund clean energy research that benefits electricity ratepayers.

Another is an annual clean transportation investment plan that is designed to spark innovation in projects that will help transform California’s fleet to meet greenhouse gas and clean air goals.

Siemens, BAIC to jointly build parts for green vehicles in China

Siemens, BAIC join hands to boost new energy cars' market

German industrial company Siemens and state-owned Chinese automaker Beijing Automotive Industry Holding will form a joint venture to produce motors and inverters for hybrid and full-electric vehicles.