Gm Hydra-matic Open House Comm Coin Sept 22-24 1983 75th Anv on 2040-parts.com

China to boost electric cars with 30% Government EV fleet

The BYD E6 EV (pictured) will benefit from China’s push on EVs The UK government has just announced its commitment to use electric cars for its own vehicles in an effort to boost the take-up of EVs, but China is going even further. China has ordered government officials to start buying electric cars (that means BEVs, plug-in hybrids and hydrogen fuel cell cars) in a big way, with instructions that 30 per cent of government cars must fall in to the ‘New Energy’ category by 2017, and an even higher percentage going forward. The aim is to cut pollution, and China expects to have 5 million New Energy cars on the road by 2020 and it is urging it government agencies and some city governments to start buying New Energy vehicles from Chinese makers like BYD and SDAIC, but also instructing them to build more charging stations and supporting infrastructure.

Stobart To Keep On Trucking In £280M Sale Deal

FANS of the well known trucking business Eddie Stobart might be surprised to learn that the company has been sold. However, the iconic name won't vanish from the nation's roads despite the £280 million sale to investors. The business, which employs around 5,000 people and operates 2,300 vehicles, will be led by the founder's youngest son, William Stobart.

Lexus takes top spot in Kelley Blue Book's 2014 Best Resale Value Awards

We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a third year in a row by Kelley Blue Book. Lexus took the top spot in the Luxury Brand category in the 2014 Best Resale Value awards, which was actually the fourth time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place first since the award's inception in 2009. Back In 2011 it was Subaru took took the award for Best Brand for resale values, while BMW took the Best Luxury Brand award for that year.