44 Articles
Jan 30, 2009
Ferrari tested at least three different KERS configurations in F1 car

Ferrari reportedly tested at least three different kinetic energy recovery system (KERS) configurations on its Formula One cars during 2008 and was dissatisfied with all of them. The most unusual setup involved mounting the batteries in the nose of the car. From a weight distribution standpoint, this was considered the most desirable approach. Unfortunately, this layout caused problems and required running the high voltage wires alongside the cockpit. The front-mounted battery also caused issues

Sam Abuelsamid
Jan 30, 2009
Rental car companies latest to seek TARP funds

Feel that breeze? It's the draft coming through the front door. The door that was opened a crack to let in the banks and Detroit Three but has been pushed wide open. The latest industry to claim distress is from another automotive sector, the rental car business. Yes, The Wall Street Journal is reporting that rental car agencies are now seeking Troubled Asset Relief Program funds, too.

Frank Filipponio
Jan 30, 2009
Geneva Preview: Nissan Qazan crossover concept

Nissan put out an incredibly brief press release about its plans for the Geneva Motor Show, including one line about a new concept that will debut this March. After a bit of snooping we've got a name and a genre: it's called the Qazan and it's a compact crossover designed to slot in below the Euro-market Qashqai.

Damon Lavrinc
Jan 30, 2009
Responses to Obama's move, and looking at the potential of a $10,000 PHEV tax credit

There were good and bad receptions to President Obama's move earlier this week to push the EPA to rethink the California waiver decision (details here). GM released a very short statement that said they were "ready to engage the Obama administration and the Congress" on this topic (read the whole thing after the jump). The Progressive Auto X Prize praised Obama's opening the door to

Sebastian Blanco
Jan 30, 2009
Exxon Mobil posts record $45.2 billion profit in 2008

It's almost expected now that each quarter Exxon Mobil will produce a new record profit. Last quarter, though, as the largest publicly traded oil company in the world saw its profits decline by 27 percent, that didn't happen. Don't feel too bad for the company, though, as even in a down market, the oil giant still took in $84.7 billion, which was enough to set a new record for profit over th

Jeremy Korzeniewski
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