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Tesla gives away its electric car secrets for free

Tesla Elon Musk, the CEO of the pioneering electric carmaker Tesla, has announced that the company is to "open source" all its technology patents in order to speed up the progress of electric car development. In an extraordinary press statement entitled 'All our patents are belong to you' – a reference to online memes and gaming culture, in case you were wondering – Musk has categorically stated that Tesla will not challenge any company that takes advantage of its technology when building rival electric cars.   Tesla gives away electric car technology: will not sue Having recently reviewed the Tesla Model S, this sounds great news for the future of the electric car, but commercial suicide for Tesla as a business.

Ford's 1.0-liter EcoBoost wins engine of the year

Ford's 1.0-liter EcoBoost engine was named the 2013 International Engine of the Year on Wednesday, marking the second consecutive year it has done so. The engine also took home the highest score in the history of the awards, along with a “Best Engine Under 1.0-liters” category. The tiny engine packs a respectable punch for its size, producing 123 hp and 148 lb-ft or torque (Specs may be different pending specific model the engine is in).

Maserati names new North American boss

Update on McNabb Maserati has named longtime Chrysler executive Bob Graczyk as CEO of its North American division. He replaces Mark McNabb, who previously worked for Cadillac and Infiniti. McNabb had led Maserati since June 1, 2009.