Auto Sector

Modified Audi A4 achieves world record on alternative fuel

Modified Audi A4 achieves world record on alternative fuel Cologne, Germany  - A modified Audi A4 B7 quattro has achieved a world speed record of 327.2 kilometres per hour running on an alternative bio-gas fuel processed from grass, the German technical testing authority (TUeV) Rhineland has announced.

"We wanted to give the debate on alternative fuels impetus by demonstrating that driving fun and ecology are not mutually exclusive," said Dr Stefan Behrning, who oversaw the project, conducted on a test track at Papenburg in northwestern Germany.

Talking car technology making progress

Talking car technology making progressHamburg  - Smart car-to-car communication will one day make traffic jams obsolete and significantly improve road safety. That is the vision of several major car makers who recently presented the technology under realistic driving conditions at a test track in Germany.

Several cars, motorcycles and a truck could be seen communicating with each other at the Opel test track in Dudenhofen Germany based on wireless WLAN technology.

Delphi Corp. to set up Rs 250 cr plant near Chennai

Delphi Corp. to set up Rs 250 cr plant near Chennai

German government rejects General Motors plea for state aid

German government rejects General Motors plea for state aid Berlin - The German government rejected Tuesday a plea from General Motors (GM), the world's biggest carmaker, for targeted aid for German car factories.

At the same time, an existing government plan to subsidize car sales came unravelled, suggesting that the final form of Berlin's aid to the industry was still in play.

With US-based GM teetering, the multinational's German arm, Opel, had earlier written to Chancellor Angela Merkel requesting she push harder for a 40-billion-euro 

GM shares tumble as US government ponders aid to auto industry

GM shares tumble as US government ponders aid to auto industry New York - As Washington openly debated help for the beleaguered automobile industry, shares of General Motors plunged as much as 31 per cent Monday as a Deutsche Bank AG analyst speculated the shares may be worthless in a year.

"Even if GM succeeds in averting a bankruptcy, we believe that the company's future path is likely to be bankruptcy-like," Deutsche Bank's Rod Lache was quoted by Bloomberg financial news service as saying.

Renault's Romanian plant plans three-week halt

Renault's Romanian plant plans three-week halt Bucharest - Renault SA's Romanian plant will halt production for three weeks as the country's car market slows, a news agency reported Monday.

Employees at Dacia, which makes budget-priced compact cars mostly for export, will get 85 per cent of pay during the November 20-December 7 break, the Mediafax agency said.

From January through October, Dacia's production ran at 17 per cent above last year's level. But production recently was halted for four days because of slowing demand.

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