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Toyota Hydrogen Fuel Cell will launch in 2015: OFFICIAL

The Toyota FCV (pictured) previews Toyota’s 2015 production FCEV Toyota took the lead with hybrid technology a decade ago, and that’s gone from an expensive punt on new technology to a mainstay of Toyota production, with approaching 15 per cent of Toyotas now sold offering some degree of hybrid technology. Now, Toyota is about to take another expensive punt on new technology, this time with the launch of a hydrogen fuel cell car in Japan, the USA and Europe in 2015. The numbers won’t be huge, but they will be significant.

General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...

Tata NOT bidding for Saab – but Mahindra are

Tata may not want Saab - but Mahindra do. Despite claims that Tata have placed a bid for Saab, Ratan Tata has said they have not but confirms Mahindra has. Yesterday, in the midst of all the news coming in from Geneva, we heard rumours that Tata had placed a bid said to be worth $350 million for Saab.