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The government is investing half and 27 companies are investing the other half

The British government and 27 companies including BMW, Ford, Nissan and Tata will invest a cumulative 1 billion pounds ($1.5 billion) over the next 10 years into researching cleaner engines. The government will provide half of the money, and ...

Audi has codenamed it Spacer

Audi is keeping a close eye on whether BMW's Concept Active Tourer is a success. In case it is, Audi is working on an A3-based vehicle with a higher roof that could seat five or seven people. Audi engineers have codenamed it the Spacer. The ca...

The engine is a bit-turbo V8

Mercedes-Benz has released a teaser for the W222 S63 AMG, which will be powered by a twin-turbo V8. Mercedes does not explicitly call the car the S63, but the video is sponsored by AMG, and the start-up sequence shows "V8 Biturbo." T...

All major markets showing sales loss

The European Automobile Manufacturers' Association revealed that car sales in June were 1,134,042 cars, down 5.6% from June 2012. It was the worst June for EU auto sales since 1996. For the first half fo the year, 6,204,990 cars have been...

Final decision will be made in a year

Mercedes-Benz Chairman Dieter Zetsche says that it is considering building the CLA at Nissan's factory in Aguascalientes, Mexico, to fulfill demand in North and South America. He says the decision is at least a year away, and production w...

It wants to control 40% of the Russian market by 2016 and control the Indian market

Renault-Nissan is making a big push into emerging markets. Thirty percent of its total sales come from Brazil, Russia, India and China. On July 15, Nissan announced its new Datsun GO that will go on sale first in India and eventually roll out ...

A new IS-F could also be on the way

Lexus has been caught testing an IS coupe in Europe, and it appears that a new IS F may also be on the way in the coupe body. Lexus showed a concept for the IS coupe as a concept called the LF CC at the 2012 Paris Motor Show. The car testing i...

Chief Designer Jozef Kaban is a fan of radically simplified design

Skoda is working on a new Superb with radical new styling, at least for a Skoda. Skoda Chief Designer Jozef Kaban is working on the car, and it will debut the brand's new design style since its VisionD design style.  Kaban's desig...

The engine team is headquartered in Milton Keynes, England

Honda has opened its F1 engine development center in Milton Keynes, England, and plans to have its engine ready to start by this fall. Engine development work is also being done in Tochigi, Japan. Yasuhisa Arai has been appointed as leader of ...

It was one of 500 made

John Lennon's first car, a blue 1965 Ferrari 330GT 2+2 Coupe, sold for £359,900 (€416,213 or $541,577) at Bonham's auction during the Goodwood Festival of Speed. Bonham's estimated that the car would sell for betwe...