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Daimler, Ford & Nissan Hydrogen Alliance

Daimler (Mercedes), Ford and Nissan-Renault have formed an alliance to co-develop hydrogen fuel cell technology for a range of new cars. Yesterday, we reported that Mercedes has postponed the launch of their hydrogen fuel cell B Class until 2017 and is in talks with Nissan and Ford to co-develop hydrogen fuel cell technology. Those talks have now turned in to an alliance between three of the world’s biggest car makers.

Autoweek's Editors' Choice from the 2012 Paris motor show

Supercars lit up the City of Light as horsepower and performance took center stage at the 2012 Paris motor show, even as Europe's economic woes cast a dark shadow over the proceedings. Traditionally one of the most dazzling events on the automotive calendar, the show delivered again this year with extravagant reveals. While emissions and fuel economy remain crucial issues, the spotlight Paris debuts subscribed to a higher creed of performance.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.