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Jul
5
2010

Terrafugia, World’s first flying car

How do you feel when you are stuck in a traffic jam?  Frustrated, right!  Well, what if I say the solution to keep the traffic jam away is here.  Yes, you can now turn your car on the road in an aeroplane in just 30 seconds.  The good news is that the US aviation authority [...]

Jul
4
2010

BMW cars soon run by electricity

It’s difficult to relate an automobile brand like BMW with electric cars but the company has turned a new leaf in history with its new initiative.  BMW has unveiled its new class of vehicles powered by batteries and I bent to bring out quite a number of cars by 2013.
The launch of the corporate green [...]

Jul
3
2010

A Blind Driver and his Car

Ever thought of a blind man driving a car?  Gone are the days when we used to assist a blind man help reach his destination.   Virginia Tech University along with National Federation of the Blind (NFB) is developing a new car that can be driven in safe and sound manner by a blind person.
The car [...]

Jul
1
2010

Terrafugia’s flying car gets ‘OK’ from fed

Terrafugia Inc. got federal approval for its “flying car.”The Federal Aviation Administration granted the Woburn company an exemption from rules that will allow a maximum takeoff weight of 1,430 pounds for its Transition Roadable Aircraft – 110 pounds above the limit for the FAA’s light sport aircraft category.“This is a very significant development for us,” [...]

May
19
2010

VW Polo four door called Vento, sketch unveiled

While the new fifth-generation Polo began its career with a bang, among others, the title of “Car of the Year” will be soon joined by other version in its range. Besides the three and five doors, we soon discover a convertible and even a small cut. But that’s not all: a four-door model three volumes [...]

May
6
2010

Video: New York Auto Show 2010 VW Polo gets World Car of the Year-Award

Here is a latest video posted on You tube dedicated to the “New York Auto Show 2010” in which the VW Polo gets World Car of the Year-Award

Apr
21
2010

Fiat’s goal is to achieve a net turnover of 51 billion euros in 2014

Sergio Marchionne and the managing director and John Elkann, Chairman of the Board of Directors of Fiat revealed that The automaker’s goal is to achieve a net turnover of 51 billion euros in 2014 and an operating margin between 4.3% and 5.1%
During the presentation of a strategic plan, he said rely upon a [...]

Apr
21
2010

Chrysler Reports Q1 Loss, but revenue rose

Chrysler Reports Q1 Loss, but revenue rose – The revenue of Chrysler Group LLC rose to $9.69 billion in the first quarter. Compared to the final three months of the year 2009, the revenue got an increment of 2.7%. The company however, reported that a net loss of $197 million in the first quarter compared [...]

Apr
19
2010

Toyota Agrees to pay $16.4m Fine

The U.S Transportation Department has levied a fine on Toyota Motor Corp., the biggest automaker in the world. A record fine of $16.4 million would be paid by Toyota Company.
The fine that Toyota would pay would be only less than 2 percent of the projected net income of Toyota for the year that ended on [...]

Apr
17
2010

Toyota Recalls 870,000 Sienna Minivans in US & Canada

Toyota Recalls 870,000 Sienna Minivans in US & Canada – Toyota Motor Corp (TM) announced on Friday it is recalling 870,000 Sienna minivans from the 1998 to 2010 model years because the cable that holds tight the spare tire can rust and break.
The Toyota Motor said to owners would be told to bring their vans [...]