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GM, SAIC to develop electric cars in China

General Motors will work with its joint-venture partner, Chinese carmaker SAIC Motor Corp., to develop parts and vehicle platforms for electric cars, the companies said on Tuesday. The automakers will use their existing joint venture in Shanghai, the Pan Asia Technical Automotive Center, as the home base to develop the electric car--aimed primarily at the Chinese market. GM says it plans to use the platform, components and technology from the project to build electric cars around the world for various markets.

Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.

Budget 2011: Fuel duty CUT & tuppence for potholes

Motorists Budget 2011 No once expected huge give-aways in George Osborne’s second budget – especially as we now have cruise missiles to pay for in Libya – but the hope was that the Chancellor would at least address the inexcorable rise in the cost of fuel. Which he has – sort of. Fuel was due to increase by around 5p a litre next week if he’d left Labour’s fuel duty escalator in place.