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Car sales skid in January; Mini, VW and Volvo biggest losers

U.S. light-vehicle sales, dampened by lower fleet shipments and severe winter weather across large chunks of the country, fell 3 percent in January. Among the biggest automakers, Nissan Motor Co.

Better Place EV Battery Swap business goes bust

It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.

New techniques cut cost of carbon fiber

Carbon fiber, once so costly that it was the preferred material only for fighter planes and supercars, is catching the attention of weight-conscious automakers. Carbon fiber's cost is falling dramatically, thanks to production advances that let suppliers speed the material's finicky, and costly, curing process. One technological breakthrough that makes carbon-fiber auto parts more affordable may come from a process used to make carbon-fiber golf clubs.