Battery firm Axeon is one of six British companies to receive a share of nearly GBP500,000 funding from the Technology Strategy Board (TSB) for feasibility studies into the recycling and re-use of batteries for hybrid and electric vehicles.
A study by research firm Frost & Sullivan (F&S) says that the microcars segment in Europe is poised to become one of the largest revenue generators for over thirty market participants, including seven out of the top ten global vehicle manufacturers.
BMW AG's core brand topped rivals Audi and
Car sales in Western Europe fell by 8.3% in June according to data released by JD Power Automotive Forecasting.
All-electric FRENDZY van concept set for Frankfurt Motor Show debut
Stunning coach-built Aston will be limited to 150 examples, costing £330,000 each

Saab owner Swedish Automobile said today that the struggling automaker aims to restart production on Aug. 9.
Suzuki is to spend JPY40bn (US$494m) relocating several of its coastal facilities further inland to avoid damage from possible tsunamis, according to the Nikkei business daily.
SsangYong, now under the control of India's Mahindra & Mahindra, has unveiled its updated range-topping Chairman W saloon for the domestic market.
SAIC Motor, the joint venture partner of Volkswagen and General Motors, reported June sales rose 10% from a year ago, helped by solid demand for Buick and Volkswagen models.
Spy shots show replacement DB9 in the final stages of development

Saab owner Swedish Automobile NV said today that the struggling automaker would restart production at its Trollhaetten plant on Aug. 9.
Our story today about the demise of the Chevrolet HHR and its effective replacement in some North American markets by a Korean product reminded me I had recently spent a week in Orlando and not yet written the postcard.
Shanghai GM is preparing to invest CNY7bn (US$1.084bn) to expand its production site at Shenyang, Liaoning.
Audi will add 2,100 jobs at its unit in Hungary, 300 more than initially planned, as the carmaker expands production, Audi said today.
The Mexican-made Chevrolet HHR has been discontinued. There is no direct replacement in what had been its largest market, the USA.
Swedish Automobile (SWAN) said on Thursday Saab Automobile had obtained final approval from the EIB, the NDO and the Swedish government for the sale and lease back of the Saab property and targeted 9 August for a car production re-start.
More power, greater efficiency and a new eight-speed gearbox are among the updates for the 2012 Discovery and Range Rover Sport
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up