Germany's cabinet plans to reduce taxes on electric cars used for business and purchase thousands of EVs to boost the electric auto sector, according to a newspaper report.
Continental said rising rubber prices will dent earnings as it posted a 62 percent rise in quarterly net profit on the back of surging emerging markets demand.
Continental said rising rubber prices will dent earnings as it posted a 62 percent rise in quarterly net profit on the back of surging emerging markets demand.
New pictures of Mercedes' SLS Roadster show drop-top supercar in clearest detail yet

Canadian supplier Magna International Inc. today reported a better-than-expected 44 percent jump in first-quarter profit. Magna, the world's No.
Next week on May 12th, seven rookies will get to grips with the Indianapolis Speedway during the mandatory Rookie Orientation Program (ROP) at the famed racetrack.
As distractions behind the wheel become a major concern around the world, automakers are joining forces to encourage drivers to use their good judgement and stop talking on their cellphone while driving.
The surprise Daytona 500 winner, Trevor Bayne, was released from the Mayo Clinic, in Rochester, Minnesota, after almost one week of testing and evaluation.
Auto123.com got in touch with Craig Pollock, the former director of the British American Racing team and now the man behind the PURE F1 private engine project.
Though the 2012 SLS AMG roadster's first official appearance is slated for September 13 at the next Frankfurt Auto Show, Mercedes-Benz has revealed a few juicy details about its 563-hp model, which can reach top speeds of 317 km/h.
It might seem like the plot of a bizarre SNL skit, but this is real life folks. A former personal assistant to the King of Pop revealed in a recent Vanity Fair interview, that the day the Twin Towers fell was the day an epic road trip with the three of the most unlikely passengers began.
We all know what a winter tire is right? We are obviously aware that it performs better in cold unfriendly conditions but do we know why? Jay Zinniger from Talon Tire explains what makes a winter tire tick.
Seriously and this person seems to be sound of mind and body... I think not! He did get the attention he wanted by writing this ridiculous story though...
Compact SUV and crossover sales are on the rise, so any such product you introduce nowadays is a sure bet. The luxury brands aren't fools, and we'll see more and more of these trucklets on our roads in the near future, such as the Audi Q3 and BMW's X1.
During a press conference held Wednesday to promote the upcoming Edmonton IndyCar race, Canadian Paul Tracy has revealed that he had a full-time ride for the 2011 season but lost it to Tony Kanaan.
F1's biggest teams have scheduled a meeting in Stuttgart next weekend to discuss the future of the sport, according to reports.
The new Lotus Evora, of which two cars will run the 24 Hours of Le Mans in June, will make its racing debut this week-end during the 1000km of Spa, a round of the Intercontinental Le Mans Cup.
An unnamed team principal has criticised formula one's so-called 'green' energy-recovery KERS technology.
BAR team founder and Jacques Villeneuve's former manager Craig Pollock has announced plans to head a new formula one engine supplier.
The Who Works Sports Guides are proud to announce the launch of the 2011 Edition of the Who Works in Motorsports.
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