Banks and Dallenbach ready for Pikes Peak with 1,400 hp

Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.

All-electric Nissan trialled in London

THE CITY OF LONDON Corporation has completed a successful trial of the 100% electric Nissan e-NV200 van as part of efforts to meet the highest levels of environmental responsibility across all areas of its operations. After a similarly successful trial of the 100% electric Nissan LEAF earlier this year, Nissan offered the City of London Corporation the chance to try the e-NV200. The City Corporation – the local authority services provider for the ‘Square Mile’ – supports and promotes the City as the world’s leading international financial centre.

GM 'will lose money' on the new Chevrolet Volt

By Ben Whitworth Motor Industry 18 September 2008 14:39 Despite hanging its future on the make-or-break Chevrolet Volt plug-in hybrid car, GM has confirmed that it doesn’t expect to make a profit from it – at least not on the first-generation model. The Chevy Volt was unveiled this week amid much hoopla at GM's centenary. 'I don’t know that I’ve ever seen a situation where we make money, particularly when you load all the costs in,' Fritz Henderson, GM’s chief operating officer, told Automotive News Europe, referring to the company’s first-generation technologies.