Author: autoevolution

  • Flex Billing to Be Used for ChargePoint EV Charging Stations

    As most people involved in creating an EV charging stations infrastructure are still figuring stuff out, Coulomb Technologies announced today it will start using the Flex Billing system. This will allow ChargePoint Network station owners worldwide to set pricing as a function of time of day, calendar date, and driver.

    This shift is a direct result of the feedback from our customer base which dates back to 2008, said Richard Lowenthal, CEO of Coulomb Technologies. Flexibility is extremely impo… (read more)

  • Toyota Prius Recall Goes Global

    After yesterday Japanese carmaker Toyota announced it will recall 133,000 2010 model year Prius and 14,500 Lexus 2010 HS 250h in the US, the carmaker announced earlier today the recall, as expected, to a global level and added a few more models to the recall.

    Thus, Toyota will recall total of about 400,000 Prius, Prius plug-in, Sai and Lexus HS 250h, out of which 223,000 in Japan and the rest in the US and Europe.

    "Let me assure everyone that we will redouble our commitment to qual… (read more)

  • Opel Unveils Plan for the Future

    Opel/Vauxhall CEO has just unveiled the so-called "Plan for the Future" that is expected to help the two automakers survive the crisis and even return to profit.

    To get straight into details, Opel will invest a total of 11 billion Euros by 2014, with the viability plan requiring a long-term funding of 3.3 billion Euros. GM has already provided 650 million Euros in advanced payments in January and the company is also holding talks with European governments for another 2.7 billion Eur… (read more)

  • Force India Trusts Drivers for Improved 2010 F1 Season

    With their 2010 single-seater now out in the open, Force India can clearly state their objectives for the upcoming season of Formula One. Since up is the only way to go in the series, improving on their magnificent season last year is regarded as a must by all members of the Force India organization, including the 2009-appointed CEO Otmar Szafnauer.

    The Romanian-born official insisted that his team has all the right assets to succeed this season, especially since the VJM03 is a natural progre… (read more)

  • BMW Announces January Sales Growth

    Since the start of 2010, vehicle sales have seriously gone up. BMW Group saw a strong increase in sales of 16.6%, as it managed to deliver 82,120 BMW, MINI and Rolls-Royce worldwide during the month of January. By comparison, BMW Group only delivered 70,419 last year.

    We started the new year well with healthy growth in sales, and are continuing the upward trend of the last few months, said Ian Robertson, member of the Board of Management of BMW AG, responsible for Sales and Marketing.

    We … (read more)

  • Ask.com Drops NASCAR

    A change in the marketing department of Ask.com has put an end to a year-long contract between NASCAR and search engine provider, with immediate effect. After spending $15 million on its NASCAR sponsorships and activation, Ask.com found its contract with the sanctioning body was in the low seven figures, while the team sponsorship amounted to about $4 million.

    "We had a great year last year, but for 2010, we’ve undergone a strategy change," Jared Cluff, senior vice president of mar… (read more)

  • Nissan Juke Crossover to Debut on Wednesday

    Prior to the public unveiling that will take place at the Geneva Motor Show in March, Nissan will present the Juke crossover tomorrow. The car, which is going to be produced in the United Kingdom and will arrive in dealerships in October, will be smaller than the Qashqai but bigger than a Nissan Note.

    "The Juke will inject some much-needed dynamism into the small car segment, offering European car-buyers an alternative to the traditional, uninspiring small hatchback," the automaker … (read more)

  • Fiat Signs 3-Year Deal with British Cycling

    Fiat UK announced it has signed a three-year agreement with British Cycling, including the Great Britain Cycling and Para-Cycling Teams, becoming their official car supplier. Members of the British Cycling will therefore make use of the Fiat Bravo, Punto Evo and the 500 city car for transporting the staff of the Road, Track, Mountain Biking, BMX, Cycle Speedway and Cycle Cross disciplines.

    "The connection between us and British Cycling is immediately evident in our attitude to environmen… (read more)

  • Force India Reveals VJM03 for 2010! Photo Gallery

    Force India have finally unveiled their 2010 Formula One challenger, one day before the second test of the season, at Jerez. The online launch of the VJM03 took place in the early hours of this morning, with the car clearly an evolution of last year’s podium clincher VJM02.

    The new car features a shark fin engine cover like the ones presented by several other teams during the Valencia test last week. It will again benefit from Mercedes power, and will make its debut from as early as tomorrow,… (read more)

  • BMW Group Awarded by The German Ministry of Economics and Technology

    The German Ministry of Economics and Technology awarded BMW Group in the 2009 Best Innovator competition, with the special award for Sustainable Innovation Management. This was the sixth edition of the competition.

    BMW Group was recognized for its devotion to reducing fuel consumption through innovations in engines and transmissions, Brake Energy Regeneration, Auto Start/Stop and the successful trial fleet of MINI E electric cars.

    Our products stand for innovation. But our focus is on inno… (read more)

  • FIA Confirms Some Teams Could Miss the Opening 3 Rounds of 2010 F1

    The recent reports that US Grand Prix Engineering and Campos Grand Prix might miss out on the first 3 events of the 2010 Formula One championship due to lack of finance has now been confirmed by the very president of the International Automobile Federation, Jean Todt.

    According to the 63-year old Frenchman, the matter has already been discussed within the World Motor Sport Council (WMSC), and the members of the FIA body agreed that the teams having financial difficulties to appear in 3 conse… (read more)

  • EU: No State Funds to Save Opel Factories

    Since General Motors has already confirmed its decision to close the Antwerp plant and rumors are claiming that other facilities might have the same fate, countries hosting Opel plants are willing to do anything possible to save local jobs. And one way to do that seems to be providing financial help to General Motors.

    However, the European Union said, through the voice of Competition Commissioner Neelie Kroes, that countries across he old continent are not allowed to provide financial support… (read more)

  • 2011 Hyundai Sonata Tops ALG Residual Value Index

    Things have been really going well for Hyundai in America. The Korean car manufacturer managed to finish 2009 with bigger sales than in 2008, it launched a lot of new models and will continue to do so according to their 24/7 Version 2.0, campaign which announces 7 new models in the next 24 months.

    Hyundai has a new reason to be proud, as its 2011 Sonata GLS with automatic transmission received a 36-month residual value of 54 percent of manufacturer’s suggested retail price (MSRP) from Automot… (read more)

  • Nissan’s Q3 Net Income Reaches $480M

    Japanese carmaker Nissan released today information regarding its financial performance in the third quarter of the 2009 fiscal year (ending March 31, 2010), with number showing a 45 billion yen ($480 million) net income. A better than expected result, says Nissan, mostly driven by scrapping incentives in major markets, the ever growing Chinese market and the measures set in place by the carmaker to cut cost.

    "Our performance in the third quarter of fiscal 2009 is encouraging, demonstr… (read more)

  • Yamaha Launches 2010 Access Initiative GRANT Schedule

    The North American division of Yamaha announced it has GRANTed (Guaranteeing Responsible Access to our Nation’s Trails) more than $80,000 in the fourth quarter of 2009 through its OHV (off-highway vehicle) arm. Also, it has released the 2010 Access Initiative GRANT schedule, which is available at the following link along with the application form and guidelines.

    Each quarter, Yamaha accepts applications from non-profit or tax-exempt organizations in the United States, which are then reviewed… (read more)

  • Jean Todt Doesn’t Agree with Budget Caps in F1

    Although he was backed by Max Mosley for the presidential seat of the International Automobile Federation (FIA), Jean Todt doesn’t seem to have the same visions about the future of the sport as his predecessor. And one of the things the two don’t agree on is the budget cap rule.

    According to the 63-year old Frenchman, budget caps are not the way to go in the future, as cost reduction can easily be achieved through other measures. Changing the technical rulebook of the Formula One series would… (read more)

  • European Commission Approves Saab Loan Guarantee

    The European Commission finally approved the Swedish state loan guarantees for Saab, which basically means that Spyker, the new owner of the Swedish brand, can now continue work on the restructuring plan. According to just-auto.com, "the EC has ruled 82.8% of the Swedish guarantee to be in line with its state aid rules concerning access to finance in the current global economic uncertainty," while the remaining 17.2 percent will be offered depending on the economic environment.

    &quo… (read more)

  • 2011 Volvo S60 Official Details and Photos Released

    With the 2010 Geneva Auto Show less than a month away, Swedish carmaker Volvo pulled the wraps off the long awaited Volvo S60, marking the carmaker’s entry in the CD Premium car segment. The car will be presented, for the first time, at the aforementioned show, bringing with it an entire array of new safety, infotainment and performance elements.

    First and foremost, by the time full production kicks off, the new S60 will be powered by a choice of 5 petrol engines and 3 diesel ones. Still, th… (read more)

  • Ford Unveils the All-Electric Transit Connect

    It’s no longer a secret that electric cars are here to stay. This green technology might save us the trouble of going to the gas station, but it has a range problem at the moment. But as long as long as you have well-defined routs, the EV is ideal. Ford understood that and applied the technology to one of its small vans, creating the Transit Connect Electric.

    The all electric version of the Ford Transit Connect will be unveiled today at the Chicago Auto Show. The van uses a Force Drive electr… (read more)

  • Todt Insists Briatore Is Still Guilty

    While Flavio Briatore insisted that he holds nothing against the FIA or its new president Jean Todt for the penalty he received after the crash-gate, the former Ferrari boss that now runs business within the ruling body did not return the favor. Talking to the Italian newspaper Gazzetta dello Sport, Todt insisted that Briatore is as guilty of the crash-gate as ever.

    In early January, the Paris Tribunal de Grande Instance overturned the FIA ban in Flavio Briatore’s case, but the ruling was obv… (read more)