82 Articles
Gordon Murray's city car prototype is "weeks away"

The T25, Gordon Murray's take on revolutionizing urban transport – and perhaps driving itself – the same way he did with supercars with his McLaren F1, is almost ready for center stage. Now that the design and engineering has been completed, T25 prototypes are expected on the roads in a few weeks for the next phase of testing.

Mahindra profits tank 99% amidst currency woes

You think that General Motors and Chrysler are in trouble? Take a look at India's largest SUV-maker, Mahindra. It posted a whopping 99% drop in profits last quarter due to the double blow of a 26% sales dip and a "currency loss."

Hyundai planning Toyota iQ rival

It is codenamed "green baby," and it is Hyundai's answer to the Toyota iQ. A Hyundai Europe insider hinted that the car could be funkier and "more basic and functional" than the iQ. The iQ Concept had a pretty neat interior, but there really isn't much space between it and the backstop of basic transportation - at least, not when it comes to anything you'd want to sit in.

2010 Toyota Corolla, Matrix get standard stability and traction control

It's not every day that you get more for the same money. Yet that's what Toyota is offering with the 2010 Corolla, which will come with traction control and vehicle stability control and no price increase over the outgoing model. The MSRP of that car remains $15,350 for the base model 5-speed sedan. The Matrix also adds the two features as standard, but the price on the CUV goes up by $201, to $21,960. Both cars will arrive in dealer showrooms at the end of February, and for more pricing info yo

Russia expected to be third largest global market by 2012

Russia has long been included under the "emerging markets" umbrella that carmakers have been saying would lead to future industry growth. The economic fallout put an end to those predictions, with Russia suffering just as badly – and if you include the oil sector, some would say even worse – as any other economy. But even though sales are down, Frost & Sullivan predicts that

Holden to produce four-cylinder small car

Holden, known for it's massive sedans and massively appealing V8s, is on the small car bandwagon with its announcement to build a four-cylinder car in Australia to be sold alongside the Commodore. Holden currently has three four-cylinder cars, but they're comprised of rebadged Daewoo's and an Opel, and haven't set the Outback on fire. The new compact car will be based on the Chevrolet Cruze, but w

Will the economy force Obama to back off on efficiency plans?

When president-elect Barack Obama nominated Dr. Steven Chu to be the next Secretary of Energy last week, he made his stance on energy and the environment abundantly clear. Chu has long been outspoken as a believer in human-caused global warming and the need to address the problem aggressively. Part of that process needs to include making the vehicle fleet more fuel efficient and tra

Gas too cheap: OPEC approves largest output cut ever

You didn't really think OPEC was going to pack up its supercar fleet and shut down the holiday mansions while $1.55 gasoline -- and that's in California -- ruled the day, did you? Oh no. OPEC hasn't merely cut production, it gutted production by the never-before-seen amount of 2.2 million barrels per day. As for the market, surprised as it might have been, fazed it wasn't: oil sank to $40.20/barrel immediately after Khelil's announcement. Those are 2004 prices, which means – as far as oil'

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