Tesla Motors postpones move out to San Jose
Tesla Motors has announced that they are postponing their plans to move to San Jose.
The company had planned to move their headquarters and powertrain plant to a 90-acre site in San Jose.
They had also planned to establish a new manufacturing facility for their new Model S [...]

Ford showcases Lincoln C concept
US based automaker Ford has yet another concept car on display. This new model is from their Lincoln division.
Lincoln C concept model is designed for young customers. The company calls this concept a big idea for a small luxury car.
Ford said that the model is designed to be fuel efficient [...]

Smart plans electric car by 2010
German automaker Smart has announced that they plan to start offering an electric version of their model by 2010.
The company said that these models would be manufactured in limited quantities in the beginning.
Mass production is likely to begin by 2012 as the technology becomes more stable and cheaper.
They [...]

2010 Mercedes-Benz E-Class shown to limited audience
Mercedes had announced their plans to reveal their 2010 Mercedes-Benz E-Class model at the North American International Auto Show.
The company distributed photos of this new updated edition but only a few selected guests were allowed to see the actual car.
Mercedes might reveal the car to the general public [...]

Toyota could reduce their global sales target
Kyodo News has claimed in a report that the Japanese automaker is all set to lower their expected global sales target.
The company could lower their target by as much as 350,000 units.
This is primarily due to falling sales in the US market where the auto market is going through [...]