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UK New car sales hit 394,806 in March 2013
Fri, 05 Apr 2013The latest figures from the SMMT show that new car registrations in the UK in March 2013 hit 394,806, up 5.9 per cent over March 2012. The seemingly inexorable rise in new car registrations in the UK is continuing, with the Society of Motor Manufacturers and Traders (SMMT) reporting sales in March 2013 up 5.9 per cent on March 2012, with a total of 394,086 cars registered. These figures mean that new car registrations have grown for thirteen consecutive month and are now at their highest level since the Government introduced the Scrappage scheme in 2010 to try and breathe new life in to the market and encourage buyers to opt for low emission cars.
GM to sell bifuel Chevrolet and GMC trucks
Wed, 18 Apr 2012While gasoline hovers at about four bucks a gallon, natural gas is priced at the equivalent of $1.89 per gallon. Chevrolet and GMC are hoping to take advantage of that disparity by offering bi-fuel heavy-duty pickups for fleet and retail customers beginning on April 19, the day before Earth Day. The bi-fuel option will cost buyers $11,000, on top of the price of the pickups.
Bill Gates, venture capitalist invest $23.5 million in EcoMotors
Mon, 12 Jul 2010EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.