Mercedes Benz Vintage Thermometer Temperature Gauge Vdo 310.274/1/42 12v on 2040-parts.com

Nissan makes a big bet there's a mass market for EVs

Nissan Motor Co. CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes--and soon. On Aug.

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.

Volkswagen bus fetches $217,800 at Barrett-Jackson auction

At the Barrett-Jackson auction in Orange County, $159,500 could buy you a 1964 Rolls-Royce Silver Cloud III James Young sedan. A mere $165,000 would put you in the driver’s seat of a 2005 Ford GT. Doling out more than $200,000 nets you a .