Account
In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp.The "California Hydrogen Highway," Schwarzenegger's vision to ensure that every Californian would have access to a hydrogen fueling station by the end of 2010, called for the state to spend more than $50 million to help deploy up to 100 hydrogen fuel stations that would serve 2,000 fuel cell vehicles. "We got 200 stakeholders around a table, literally, and mapped out who could get stations where," said Terry Tamminen, a top adviser to Schwarzenegger.But nearly nine years later, California has just nine hydrogen stations open for the public, and only about 200 fuel cell cars that can use them.The global financial crisis helped slam the breaks on dreams of a Hydrogen Highway, but the roots of green energy's mid-life crisis - marked by a rash of recent corporate collaps...
German automaker Daimler is recalling 3,500 Mercedes-Benz Citan vans in Europe because of faulty airbags.A company spokesman said on Monday that window airbags will ...
The automotive industry's growing love affair with Mexico was celebrated here on Saturday as Audi executives laid the foundation stone for its first assembly plant i...
European stocks rallied on Friday, with Germany's benchmark index surging to a record after the release of better-than-expected U.S. employment data for April.The St...
European stock markets shot to their best levels since mid-2008 on Friday after better-than-expected U.S. jobs data, which quashed some fears that the recovery in th...
Truck and engine manufacturers Fiat Industrial SpA (FI.MI) and Cummins Inc. (CMI) are counting on rebounding sales of commercial trucks this year after seeing demand...
Eaton Corp.'s (ETN) first-quarter earnings rose 22% with the help of its Cooper Industries acquisition, but the company's base sales without the benefit of Cooper we...
The French government said Friday that it has raised EUR707 million ($919 million) from the sale of part of its shareholding in Airbus parent European Aeronautic Def...
UBS is placing 17.6 million shares in European Aeronautic Defence & Space Co (EAD.FR), which belong to the French state, a trader said Friday morning.The shares are ...
A new study highlights a slew of major corporate brands, politicians and celebrities which may have bought thousands of fake Twitter followers, according to a New Yo...
Daimler AG (DAI.XE) has established a new division for its truck and bus business in China, the German company said Thursday.MAIN FACTS:- The legally independent ent...
Volvo , the world's No. 2 truck maker, posted a surprise rise in first-quarter orders and said it would step up production, adding to signs a protracted slump in key...
Four of the biggest manufacturers in Europe's troubled auto industry reported a grim first-quarter performance in the region, signaling that its ever-shrinking car m...
Europe's benchmark stock index closed at its highest level since June 2008 on Friday, with banks in the driver's seat after better-than-expected data from the U.S. r...
European stocks moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after better-than-expected data from the U.S. removed some w...
European stock markets moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after an upbeat broker upgrade for the sector.The Sto...
European stock markets dropped on Friday, tracking U.S. stocks lower, after investors were spooked by comments that the Federal Reserve could be looking at fading ou...
New car registrations in the European Union rose by 1.7% in April from a year earlier, according to latest industry data released Friday, giving hope to Europe's bat...
Bayer suggested there was room to lift prices at its high-tech plastics and chemicals business this year to counter soaring raw material costs that squeezed first qu...
The top speed of vans in the European Union should be electronically limited to 120 km (75 miles) per hour, according to a proposal backed by the European Parliament...