A member of European Parliament has written to the European Commission, asking it to review the FIA and how the small teams in the sport are treated. The FIA appears to have breached an agreement it made with European regulators in 2001, and the F1 Strategy Group is accused of running teams and support companies out of business.
The Autodromo Nazionale Monza has been a mainstay of Formula One since its inception, but if it doesn't get the funding it needs, it could find itself in serious trouble - and lose the Italian Grand Prix in the process.
The digital tar pit will eventually consume us all, but for now, we're still able to watch it swallow our analog lives. One of the next items to succumb could be your driver's license, at least as soon as Iowa straightens out the kinks. The Hawkeye State is working with MorphoTrust USA on an driver's license app for Android and iOS phones that can be used as a state-approved ID. Notably, the app wouldn't replace a laminated paper version, but either could be used to conduct business. Iowa is alr
Hyundai may be based in South Korea, but the automaker is touting hydrogen fuel-cell technology as an all-American benefit and is getting some help from the US government to do so. The company said this week that it's collaborating with the US Department of Energy and the House Hydrogen and Fuel Cell Caucus at promoting fuel-cell technology. The timing is good because Hyundai just started selling the first mass-produced fuel-cell vehicle sold/leased in the US (unless you count the Honda FCX Clar
China's recently instigated push to go after price fixing and monopolistic practices in the automotive sector has garnered a lot of ink, but regulatory bodies around the world have been tackling the issue for years. Lithium-ion battery makers were targeted in 2012, the US Department of Justice hit a cabal of Japanese suppliers for $740M in 2013 and Toyo Tires after that, the EU went after exhaust parts makers earlier this year. Nor are the investigations confined to the auto industry: aluminum p
It's been a topsy-turvy summer for foreign businesses in China ever since that country's National Development and Reform Commission and State Administration for Industry & Commerce launched a horde of investigations into anti-monopoly practices. When the law outlining monopolistic behavior was passed in 2008 foreign companies appreciated it, expecting it to illuminate some of the more opaque corners of Chinese government enforcement. That hasn't exactly been the case, and now as more than 1,
The federal government is inching closer to mandating cars have the ability to communicate with each other, in a move regulators say could reduce crashes while still protecting motorists' personal information.
Maybe Warren Buffett's bet on Chinese electric-vehicle maker BYD will pay off after all. That's because the Chinese government just made a commitment to buy lots of advanced-powertrain vehicles through its government-vehicle system in an effort to address the notorious pollution problem in China's largest cities, the Associated Press says, citing China's Xinhua News Agency.
Six cities, two counties and two water agencies have united to buy 90 electric vehicles
A group of San Francisco Bay Area cities, counties and water agencies has joined forces for what is being billed as one of the largest single government purchases of all-electric vehicles in the country.
In the Keystone State, the compromise number between zero and unlimited is five, apparently. Pennsylvania's Senate applied that math in an attempt to resolve the issue of allowing Tesla Motors to operate company-owned stores in the state. The senate this week unanimously voted for a bill that will allow Tesla's operations, but placed a limit on the number of stores at five. The bill will now go to the state's House for approval, according to Automotive News.
Child right's advocate Marian Wright Edelman once said, "If you don't like the way the world is, you change it." We're guessing David Montenegro is a firm believer in that idea. You'll recall that Montenegro, better known by his legal name of Human, is the New Hampshire man who fought and won a case in the state's Supreme Court to obtain a vanity plate that read "COPSLIE." Now, Human has announced that he'll be making at the state's House of Representatives.
The Japanese government is really paving the way for hydrogen fuel cell technology on its roads. Japan's Ministry of Economy, Trade, and Industry is changing regulations on fuel tanks to make hydrogen cars more appealing to drivers, which should help put the country ahead of others in the race to develop a viable H2 fleet.
Any business reporter is taught that, when in doubt, always follow the money. With China's aggressive push for advanced-powertrain vehicle production and sales, that means better fleetwide fuel economy. Why? Lower fuel use means less money spent importing oil. It's that simple.
Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charges in December 2012. When those fund plaintiffs lost their most recent court case, one of the dimmin