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New Denza EV brand to be launched by Daimler-BYD joint venture

Mercedes-Benz sources have confirmed that Daimler and BYD Auto's Chinese joint venture is set to launch Denza, a new zero-emissions brand. The first Denza will be unveiled at next month's Beijing motor show and is based on the underpinnings of the first-generation Mercedes-Benz B-Class W245. The car's design is believed to have been undertaken by Daimler's Advanced Design Center in Beijing, led by Olivier Boulay.

Audi R8 e-tron: Killed off before it launches?

It’s being reported that the electric Audi R8 e-tron is close to being killed off before production starts, as Audi question its viability. But it now looks like Audi has finally woken up and seen the light and they have put the R8 e-tron plans on hold indefinitely as they realise there is just no market for an electric car, never mind an electric supercar. Car and Driver are reporting that Audi’s new head of R&D - Wolfgang Dürheime – has halted all work on the R8 e-tron and it seems highly likely the project will be scrapped altogether.

U.S. Car makers bailed out – U.K. next?

So, President Bush has decided to use a chunk of the funds allocated for banking bailouts to US car makers, principally Chrysler and GM. I suppose it was inevitable. After all, what has Bush got to lose?