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Seven automakers agree on standardized fast-charge system for EVs
Wed, 12 Oct 2011Seven automakers have agreed to use a common single-port fast-charging system for electric cars in the United States and Europe. The goal is to reduce development costs and make it easier for consumers to adopt electric vehicles. Audi, BMW, Daimler, Ford, General Motors, Porsche and Volkswagen will use identical charge plugs and the same system for communication between the charger and the car in their electric vehicles.
Former General Motors CEO nets multimillion-dollar retirement package
Wed, 15 Jul 2009Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.
Volkswagen XL Sport Concept gets Ducati power: Paris 2014
Thu, 02 Oct 2014The Volkswagen XL Sport Concept (pictured) gets Ducati power The Volkswagen XL 1 may well be an impressive ‘Supercar’ (that’s super-economical, rather than plain ‘super’), but it’s a daft amount of money and, unless you’re trying to make a ‘Green’ statement, not for everyone. But this Volkswagen XL Sport Concept is a more appealing car – both visually and mechanically – as VW take the XL 1 and rework it in to a sports car with a little help from Ducati. Because under the skin of the XL Sport lies a 197bhp V2 that’s come from Ducati (just as we reported a year ago) and delivers 197bhp through a seven-speed dual-clutch ‘box, with a reduction gear between engine and gearbox to boost torque, revs to 1,000 rpm and can get to 62mph in 5.7 seconds on its way to a top speed of 157mph.

