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  • Owners of Volkswagen diesels will receive per $500
    09 Nov 2015

    Volkswagen is ready to pay compensation to the owners of diesel cars. Volkswagen is ready to voluntarily pay $1,000 to each owner of a diesel vehicle, which has an engine 2.0 TDI. Half of this amount is permitted to spend for personal needs, while the remaining $500 can be spent only in Volkswagen dealerships. In addition, the company guarantees the drivers to have free technical assistance for three years. Around 482 million Americans will receive the compensation. The scandal emissions of the Volkswagen started because of 2.0-liter TDI. The German manufacturer with a special equipm...

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  • Cruising range of electric vehicles will increase by 10 times
    04 Nov 2015

    The Cambridge University proposes to use a new type of batteries - Lithium-oxygen. Cambridge University scientists are working on creating a new type of batteries - Lithium-oxygen. New batteries will significantly increase the cruising range of electric vehicles, and thus will be more profitable to their lithium-ion analogues, according to Financial Times.It is not a secret that the power-reserve is a key for electric vehicles. And, despite of this fact most motorists prefer to buy a car that runs on traditional fuels - gasoline and diesel. However, the invention of scientists from Cambri...

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  • Volkswagen has reported a quarterly loss for the first time in 15 years
    28 Oct 2015

    German manufacturer Volkswagen has presented its financial results for the third quarter. This is for the first time when one of the largest automaker in the world after the "diesel scandal" has declared its financial report.The operating loss of Volkswagen in the third quarter amounted to 3.48 billion euros against a profit of 3.23 billion euros in the same period last year. The index exceeded the forecasts of analysts, who had expected that it will be 3.3 billion euros. The loss was the result of "diesel scandal", causing the concern to put aside 6.7 billion eur...

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  • New car sales slow in Colorado
    26 Oct 2015

    As we know, in September 2015 new cars sales rose at a rate of 4.4% from a year earlier. In August it has 11.87% jump. For January till June, sales growth was 8.0% from the same period of 2014, according to the latest monthly Colorado Auto Outlook report from market. Despite the slowdown in the growth rate, Tim Jackson, the dealer association's president, noted that "as we head into the final quarter of the year, new car and light truck registrations continue to trend in positive territory" from a year earlier.The most popular new brands in Colorado last month were Toyota/Sc...

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  • The Quebec spends $420 million on electric cars
    26 Oct 2015

    The Quebec government is ready to spend more than $420 million in 2020 just to promote and to sell hundred thousand units of electric and hybrid vehicles annually. “Transportation electrification represents a way for Quebec to set itself apart by promoting important values such as respect for the environment, collaboration and knowledge as well as the desire to enhance the public’s prosperity and well-being,” the province’s Ministry of Transport says in Propelling Quebec Forward with Electricity, a document that lays out the program.As they already planned the char...

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