Victorian Opposition Points To Poor Roads As Contributing To Road Toll

Victorian Opposition Points To Poor Roads As Contributing To Road Toll

VICTORIA’S GOVERNMENT has come under fire from the state opposition for ignoring the deteriorating condition of regional roads as a major contributor to the rising road toll.

Recent figures show that although the road toll is dropping throughout the state’s cities and towns, the rural road toll is on the rise, corresponding with condition reports which [...]

Obama Cancels US$1.2 Billion Hydrogen Car Fund

Obama Cancels US$1.2 Billion Hydrogen Car Fund

A planned US$1.2 billion development fund for hydrogen fuel cell-powered cars set up by the former Bush administration has been dumped by US President Barack Obama.

The issue of fuel cells has been a contentious one, with many believing the technology is of dubious benefit when battery-electric cars offer a far simpler solution. The USA’s newly-minted [...]

Tesla Model S Sedan May Be Delayed Without Federal Loan

Tesla Model S Sedan May Be Delayed Without Federal Loan

A corporate reshuffle and worker lay-offs evidently hasn’t been enough to reverse Tesla Motors’ woeful financial fortunes, and the electric car manufacturer now reports that the future of its much-anticipated Model S sports sedan may be under threat because of it.

Tesla says that without a $400 million USD slice of the US government’s $25 billion [...]

GM To Sell Hummer, Saab, Cut 25,000 Jobs

GM To Sell Hummer, Saab, Cut 25,000 Jobs

 

GM has just outlined its plan for the immediate future to the US Congress in an effort to secure billions in US taxpayer-funded bridge loans to stave off bankruptcy. The proposed measures include selling Saab and Hummer, shedding up to 25,000 jobs and closing 1750 dealerships.

The clincher is that GM has raised the total it [...]

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