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Bill Gates, venture capitalist invest $23.5 million in EcoMotors

EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.

McLaren denies Ron Dennis demotion rumors

McLaren has denied reports that boss Ron Dennis is being demoted in the wake of the automotive division he heads losing money. Germany's Auto Motor und Sport broke the news this week that Dennis could be demoted. He is known for shaping McLaren into a motorsports powerhouse, and has spearheaded its automotive division since 2009.

Citroen DS SUV (DS X7) teased ahead of Beijing Motor Show

The Citroen DS SUV teased ahead of Beijing With the Beijing Motor Show looming, the teases and reveals are starting to roll out, and Citroen have chose to play the tease game with a single image of the back end of a Citroen DS SUV. Logically, this DS SUV will be a production version of the Citroen Wild Rubis Concept we saw last year at the Shanghai Motor Show, although the tease photo does have differences from the concept. Just like the Citroen DS 5LS R concept we saw last week – a performance version of the DS 5LS – the DS SUV looks set to be a China only model, at least for now.