Monroe Ma763 Rear Max Air on 2040-parts.com

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.

U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.

Peugeot 308 is European Car of the Year: Geneva Motor Show

Peugeot 308 is European Car of the Year The Geneva Motor Show also means the announcement of the European Car of the Year for 2014, and the gong for this year has gone to the new Peugeot 308. It took a jury of 58 journalists from 22 European countries to decide the new 308 offers such an appealing package it is a more impressive car than any of the seven finalists left in its wake. It’s a very mainstream choice from the jury, some would say a surprise too, and will no doubt please Peugeot to have their fourth COTY title after the 307 (2002), 405 (1988) and 504 (1969) were previous winners.