43 Articles
USABC gives $2.3 million grant to develop lithium battery components

The United States Advanced Battery Consortium (USABC) announced a $2.3 million grant to develop lithium battery technologies. USABC, which is under the umbrella of United States Council for Automotive Research (USCAR), a research organization between Detroit's Big Three, awarded the grant, in collaboration with the Department of Energy, to Celgard, LLC. Celgard is a company that supplies materials for lithium-ion batteries. According to the press release (which you can find after the jump), Celg

Cosworth wins FIA standard engine tender for 2010

Honda's departure from Formula One came down to a singular factor: cost. The amount of cash required to campaign a team (or two) in the top tier of open-wheel motorsports has been on an upwards trajectory for as long as we can remember, and combined with the current economic downturn, it was just a matter of time before a manufacturer questioned whether or not it was worth the expense. That's

Prius put on hold in India; too expensive?

India's not getting Toyota's super-popular hybrid hatchback after all. Apparently, because the car is assembled outside of India's borders, it's subject to a huge 114 percent import duty tax, which makes it pretty difficult to offer the hybrid at an attractive price. Apparently, Honda managed to do just that, though, and that has made Toyota's decision to pull the Prius just that much easier. When the Honda Civic Hybrid was priced up near $40K, the Japanese automaker sold only 60 units. Indians

Jay Leno for, Jeremy Clarkson against Detroit 3 bailout

It's the battle of the big chins! (Who are we kidding, Leno would win that fight against anyone.) Two gentlemen who stand as giants in automotive culture have finally weighed in with their opinions on whether or not the Detroit 3 should be rescued by the U.S. government. Jay Leno is all for it, citing the loss of this country's manufacturing infrastructure as the most compelling reason to save the automakers. He also cites a number of points that have been mentioned here and elsewhere, including

Chrysler hires bankruptcy lawyers... you know, just in case

The Wall Street Journal is reporting that Chrysler LLC has retained the services of law firm Jones Day, which specializes in representing companies as they go through the process of filing for Chapter 11 bankruptcy. Chrysler reportedly hired the law firm several weeks ago, anticipating that its counsel may be required if the $7 billion in government bridge loans it has requested are not approved before the end of the year. Sources say that Corrine Ball is the lawyer tasked with handling Chrysler

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