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Volkswagen considers bringing an electric vehicle to the United States

A larger version of the tiny Volkswagen E-Up! electric-vehicle concept, unveiled here at the Frankfurt auto show, likely will be sold in the United States. "The reason we are working on an electric vehicle is the American market," said Ulrich Hackenberg, board member in charge of product development at Volkswagen AG.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

BMW & Toyota to collaborate on next-generation lithium-ion battery cells

Toyota & BMW to work together on next-gen lithium-ion batteries BMW and Toyota are to work together to develop next-generation lithium-ion battery technology to try and make battery power more effective. Late last year we learnt that BMW and Toyota are to work more closely to share technology and expertise as the car industry enters a period of consolidation and partnership to try and keep R&D costs under control, and make their products more cost-effective. The result of the BMW Toyota tie-up sees BMW getting access to some of Toyota’s Hybrid nous and Toyota getting access to BMW’s excellent diesel engines.