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Toyota: Fixes are working on recalled vehicles

Toyota maintains that the fixes being made to correct unintended acceleration in millions of recalled vehicles are sufficient. But at a press event Monday, company officials said they are willing to bring in as many independent researchers as needed to resolve the issue once and for all. “We don't think there is a ghost issue out there,” said Kristen Tabar, general manager of electronic systems at the Toyota Technical Center in Ann Arbor, Mich.

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Delorean saloon plans up at auction

By Tim Pollard Motor Industry 06 February 2007 02:42 Rare sketches from John Delorean's personal notes have ended up on Ebay - revealing plans for a 1970s 'luxury sedan'. If the notes are genuine, they include 24 pages of writing and sketches made between October 1976 and December 1976. They're claimed to have come from the corporate records of the Delorean Motor Company, which were seized as a result of bankruptcy in the early 1980s.