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Hydrogen cars to storm London

A CONSORTIUM of car makers, infrastructure suppliers and energy consultancies has signed an exciting new agreement to turn hydrogen-powered cars into an everyday reality. The pioneering deal, dubiously named the HyFIVE project (Hydrogen For Innovative Vehicles), is the largest of its kind in Europe. The five manufacturers have agreed to deploy a total of 110 hydrogen fuel cell vehicles at several European locations and develop new clusters of hydrogen refuelling stations – and London is high on the list of targets.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Hyundai Veloster

Hyundai has launched the new Veloster at the 2011 NAIAS. The bright orange showcar is an interesting concept, which sports a Mini Clubman-esque third door on one side of the car. However, what this equates to is an elongated wheelbase to accommodate the extra aperture.