BMW has revealed details about a green supercar that will have it’s starting point on the M1 Hommage. The eco-friendly BMW could be even on the market by 2012. The car
is set to show off all of BMW’s environmental qualifications, perhaps giving this segment the luxurious touch it needs. Technology that’s being used on this vehicle could include stop-start systems, direct injection and recharge braking. [Read the rest of this entry...]
Cerberus Capital Management, current majority stake holder in Chrysler, is offering its entire equity stake in the carmaker to help it restructure and gain federal loans. The move is also designed to comply with one of the provisions in the Presidential loans initiative, which was approved late on Friday by President Bush. The loans require Chrysler to reduce its debt load, and Cerberus’ offer of its 80.1% equity stake should help with this. [Read the rest of this entry...]
As the seventh generation of Mercedes-Benz’s venerable mid-size, mid-luxury sedan winds down, the firm is proud to announce that it’s produced 1.5 million units of the E-Class since its introduction six years ago. Broken down by body style, there were 1,270,000 sedans delivered to customers and 230,000 wagons.Germany and the U.S. represented the strongest market for the latest generation E-Class, with each country taking approximately 25 percent of total production. Most popular models were the E 220 CDI and E350. Mercedes launched its clean diesel BlueTEC technology in this E-Class, specifically the ‘07 E 300 BlueTEC available in Europe. [Read the rest of this entry...]
