Monthly Archives: April 2014

US to remain largest national plug-in vehicle market over next 10 years

Navigant Research forecasts that the United States will remain the largest national market for light-duty plug-in electric vehicles (PEVs) during the next 10 years, with LD PEV sales exceeding 514,000 in 2023.

Currently, North America is the strongest market for light duty PEVs with nearly 100,000 sold in 2013, according to the market research firm. Japan is a distant second, with just under 30,000 sales, followed by the Netherlands (more than 23,000) and China (more than 17,000).

US oil stockpiles hit record amid production boom

US commercial oil stockpiles hit a new record last week on the strength of continued growth in oil and gas production in the world’s biggest oil-consuming country.

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.