Headlines for Saturday, March 16, 2013
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Norway shows the way with EVs, but at what cost?
March 16, 2013 06:01 CET
Norway's market for pure electric cars has in its very success shown the severe drawbacks to a model that relies on public subsidies worth as much as $8,200 per car, every year.
Pininfarina mulls limited run of Sergio roadster
March 16, 2013 15:00 CET
Pininfarina may produce a small number of its Sergio concept at a price tag of about 3 million euros each, the company's chief executive said. "We are considering a very limited run of five to six units," CEO Silvio Angori said.
Ford seeks more pension stability after funding shortfall widens
12:34 am U.S. ET | March 16, 2013
Ford, moving to close a growing deficit in its pension funding, will shift more of its plan's assets to fixed income to shield against changes in interest rates.
Detroit 3 raise alarm as yen weakens, aiding Japanese profits
12:01 am U.S. ET | March 16, 2013
Toyota, which last year overtook GM to become the world's largest automaker even as its profit margins lagged behind the industry, is riding a weakening yen that has Detroit executives concerned.