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Ford Transit van gets five-cylinder turbodiesel

The full-size Ford Transit van that replaces the E-series Econoline in late 2013 will have a turbocharged five-cylinder diesel in its powertrain lineup. Today Ford uses the 3.2-liter engine in the Ranger pickup sold in international markets. The engine, which wears Ford's Power Stroke marketing name for diesel engines, is built in South Africa and will be exported to the Transit assembly plant near Kansas City, Mo.

Fisker about to be bought by Volvo’s Chinese owner Geely?

It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.

Chevy, Michigan Tech unveil a different kind of racer

At the 113th Army-Navy Game on Dec. 8, Chevrolet and students from Michigan Technological University unveiled a new hand cycle designed to make it easier for wounded vets to compete in racing events, including marathons. General Motors CEO Dan Akerson said GM will build 10 prototypes for use by the Achilles Freedom Team of Wounded Veterans in marathons across the country.