36 Articles
The tale that wagged the dog: Cerberus' Stephen Feinberg speaks

Now that the crime is over, the verdict issued and the sentencing issued, we can look forward to a few months years of the CSI treatment applied to what really happened at Chrysler. The first exhibit is a New York Times piece with Cerberus co-founder Stephen Feinberg, coming off almost as The Man Would Would Be Iacocca.

Next-gen GM 6-speed automatic to boost mileage another 5 percent

It's only been a year since General Motors launched its 6T40 six-speed automatic transmission for mid-size and compact cars. When it was introduced, it brought with it a five percent bump in fuel efficiency. The engineers at GM Powertrain are now developing a second-generation variant of the 6T40 for introduction in 2011 that will bump fuel efficiency by another five percent.

Johnny Herbert switches to driving Honda Civics in the UK

Most F1 drivers fall off the map once they leave the pinnacle of motorsports, but they have to go somewhere. In Johnny Herbert's case, that somewhere has been sportscar racing. The former Grand Prix and Le Mans winner retired from Formula One in 2000 after driving for such teams as Benetton, Lotus, Sauber and Jaguar. He's since raced for Aston Martin and Audi at Le Mans and in the American Le Mans Series, but after the Noah Joseph

Electrovaya gets $16.7 million investment from Ontario government

It's not just the US government that is handing out money to companies involved in advanced battery development. The government of Ontario has decided to put up to $16.7 million into Electrovaya. The company is based in Mississauga, just west of Toronto. The money will be used to further the company's research efforts and help them move toward commercialization of the technology. Electrovaya is developing what it calls a lithium SuperPolymer battery platform. The company's focus is on some of th

Next-gen GM six-speed automatic to boost mileage another 5 percent

It's only been a year since General Motors launched its 6T40 six-speed automatic transmission for mid-size and compact cars. When it was introduced, this new transmission brought with it a five percent bump in fuel efficiency. The engineers at GM Powertrain are now developing a second generation variant of the 6T40 for introduction in 2011 that will bump fuel efficiency by yet another five percent.

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