Auto News 5

Lotus F1 Team and Mercedes AMG High Performance Powertrains announced Thursday a long-term supply agreement.

The agreement will see Lotus F1 Team utilizing the Mercedes-Benz V6 turbo hybrid Power Unit from the start of the 2015 season until the end of the current Power Unit generation.

Under the terms of the agreement, Mercedes AMG High Performance Powertrains (HPP) based in Brixworth, Great Britain will supply Lotus F1 Team with Mercedes-Benz Power Units.

The Power Unit will use Fluid Technology Solutions developed by Petronas, the technology partner of Mercedes-Benz.

This most likely marks the end of the long-time partnership between Lotus and Total.

Lotus F1 Team will continue to design and manufacture its own transmission at its Enstone base where work is already underway on the team's 2015 challenger, the E23 Hybrid.

Photo: Mercedes-Benz

The entry list for the maiden Russian Grand Prix shows that Marussia Formula 1 Team may finally run two cars this weekend.

The list issued Thursday by the FIA shows Marussia to run cars for Max Chilton and American Alexander Rossi.

Rossi is listed as driving car No. 42 (while Jules Bianchi was driving car No. 17).

However, Autosport claims that Marussia will decide on Friday morning if it will race with two cars at Russian GP, despite nominating Rossi.

Alexander Rossi and the members of the Marussia team in Soshi. (Photo: WRI2)

The list also shows that two reserve drivers will be running in free practice 1 Friday morning.

Sauber will run car No. 37 for rookie Russian Sergey Sirotkin, and Caterham will run Spaniard Roberto Merhi in the No. 45 car.

Mercedes-Benz will get extra credit on U.S. fuel economy standards for putting start-stop systems in its luxury cars -- but not as much as the automaker had hoped.

Mitsubishi Motors expects to meet its full-year guidance for operating profit for the 2014-15 financial year, but is not yet certain it can meet its forecast for sales, a spokesman for the company said on Wednesday.

The average fuel economy of cars and light trucks, driven by wider use of technology, rose to a record 24.1 mpg in the 2013 model year, though the pace of improvement slowed. Fuel economy will average 24.

Johnson Controls fired a consulting firm after learning that one of its principals had an extramarital affair with CEO Alex Molinaroli.

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Audi wants to rein in costs by about $2.5 billion a year to offset surging spending on new technology, according to people familiar with the matter.

Audi wants to rein in annual costs by about 2 billion euros ($2.5 billion) to offset surging new technology spending and to safeguard profit margins, sources said.

Daimler and industrial gases maker Linde will build 20 hydrogen fuelling stations in Germany over the next few years to boost support networks for fuel cell cars. Daimler aims to bring competitively priced fuel cell vehicles to market by 2017.

Daimler and industrial gases maker Linde will build 20 hydrogen fuel stations in Germany over the next few years to boost support networks for fuel cell cars. Daimler aims to bring competitively priced fuel cell vehicles to market by 2017.

International Automotive Components (IAC) has opened the company's new global headquarters in Luxembourg.

Fiat Chrysler Automobiles CEO Sergio Marchionne sees potential to form a new No. 1 automaker as companies grapple with low returns on the growing amount of money needed to develop a new car.

International Automotive Components (IAC) has celebrated the opening of its European headquarters in Düsseldorf, Germany.

GKN claims it has developed the world's first Disconnect All-Wheel Drive System for A-, B- and C-segment vehicle platforms and says it improves fuel economy during steady state cruising by up to 4%.

Fiat-Chrysler chief Sergio Marchionne is reportedly planning to step down on completion of the merging group's current five-year strategic plan in 2018.

Shiloh Industries has acquired Warren, Michigan- based, Radar Industries.

Mercedes-Benz posted its strongest-ever sales month in September delivering 162,746 vehicles, an increase of nearly 14% over the same month a year ago.