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Audi traffic light recognition technology to save you fuel

Audi has announced its online traffic light recognition system is now market ready. The idea of this is to help drivers hit green lights instead of red lights, thus saving both time and fuel. Called Audi Online Traffic Light Information, the technology was demonstrated in January at the Consumer Electronics Show (CES) in Las Vegas and testing is also under way in Verona and Berlin.

Shake-up at Tesla; a dozen UK orders

By Tim Pollard Motor Industry 16 October 2008 11:22 Electric car start-up Tesla is restructuring its US operation and laying off around 100 staff, as the credit crunch continues to make life difficult for car companies big and small. It’s now on its fourth CEO in 12 months, as founder Elon Musk takes over from Ze’ev Drori. In an announcement on the chief exec’s blog, Tesla Motors said it would be ‘cash-flow positive’ within six to nine months – but only by increasing production and cutting operating costs.

Ferrari F450: Last one to be auctioned Sunday to benefit earthquake victims

In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer. The Prancing Horse said Wednesday that it is auctioning off the very last F430 to roll off the Maranello production lines at the end of the year to raise money to rebuild the central Italian region of Abruzzo, which was devastated by an earthquake on April 6. Ferrari will work with local authorities to distribute the funds.