on 2040-parts.com

Ferrari online auction to benefit victims of Italian earthquakes

The series of earthquakes that struck northern Italy this month did much more than temporarily halt supercar production. It resulted in the deaths of at least 24 people and caused hundreds of millions of dollars in property damage. Ferrari, whose hometown of Maranello is situated in the quake-stricken region, will conduct an online auction and contribute proceeds to the families of earthquake victims.

Toyota says quake-hit plants escape major structural damage

Toyota Motor Corp. has released the first damage report for its northern Japanese factories in the region hammered by Friday's massive earthquake, saying some equipment and fixtures will need repairs but that the plants sustained no major structural harm. For days after the quake, Toyota had trouble contacting it plants in the northern Japan quake zone, making it difficult to assess their status.

Volvo develops new energy storage technology

Volvo is looking to make heavy batteries in electric vehicles a thing of the past, unveiling a new technology still under development that could use the body panels of the vehicle to store energy. Everyone knows that right now one of the biggest technological limiting factors of electric vehicles are the batteries. They can be damaged through depletion, they add weight, they use expensive and polluting technologies to manufacture, and they just don't hold as much energy as we'd like.