Volvo plans three cylinder engine for 60- series cars
VOLVO is developing new three-cylinder engines that will appear in its 60-series cars, like the S60 sedan, V60 wagon, and the XC60 crossover. Part of an overhaul aimed at replacing and updating the company’s model lineup and developing new, more efficient powertrains, Volvo was able to spin off a three-cylinder engine from one of…
Tesla motors plans yearly increase of electronic products
TESLA Motors plans to boost production of electric cars to “at least a few million a year” by 2025 from fewer than 40,000 last year, Chief Executive Officer Elon Musk said Tuesday. Speaking at an industry conference in Detroit, Musk said Tesla may not be profitable until 2020. In addition, Tesla sales in China…
Mercedes-Benz family gets N1.6b outlet in Lekki
MERCEDES-BENZ has taken another step aimed at consolidating its operation in the highly competitive Nigerian market. The foremost firm has tentatively fixed March 2010 for the unveiling of an ultra modern complex fortified with various segments.