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Fisker lays off majority of staff
Fri, 05 Apr 2013This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.
Chancellor to ‘freeze fuel duty’ until 2015?
Mon, 14 Oct 2013The chancellor of the exchequer, George Osborne, has announced that fuel duty will be frozen until 2015 – if the savings can be found to pay for it. The announcement came during a speech at the Conservative party conference, in which George Osborne said: “Provided we can find the savings to pay for it, I want to freeze fuel duty for the rest of this parliament.” The 2p-a-litre rise planned by the Labour government for September 2014 would be cancelled, continuing a freeze that has lasted two-and-a-half years already. But this is conditional on the treasury finding the funds to cover it.
Hyundai i10 Electric introduced
Fri, 04 Sep 2009The all electric Hyundai i10 will show at Frankfurt (click for bigger image) This is a bit of a surprise from Hyundai, as they’d always said they would concentrate on hybrids until hydrogen fuel cell technology was advanced enough to make it viable in a budget car. But Hyundai are being pragmatic. There is a desire from the public for all electric cars – however misplaced that may be – and Hyundai aren’t going to be left out.