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Mercedes-Benz reveals SLS E-Cell performance data

Mercedes-Benz has lifted the veil of secrecy on the plug-in-electric propulsion system of its upcoming SLS E-Cell, first revealed in concept form at the 2009 Frankfurt auto show. Set to go into limited production in early 2013, the zero-emission version of the German carmaker's signature gullwing coupe is set to rival a raft of new high-priced electric or hybrid supercars due out in the not-too-distant future, including the Audi E-tron, the BMW i8, the Jaguar C-X75 and the Porsche 918. The car is undergoing development at Mercedes-Benz's performance-car AMG unit and its British-based sister company, AMG High Performance Powertrains--the company behind Mercedes' latest 2.4-liter V6 Formula One race engine.

Turin Dream Exhibition

The 'Dream' exhibition currently taking place at the Giovanni Agnelli Pavilion Esposizioni in Turin is a stroll through almost 60 years of creativity, which convinced the world of carmakers - and consumers - to accept new stylistic features; demand greater performance and safety; and to create new ways to adapt car interiors to the many demands of business and leisure. One of the main events commemorating Torino 2008 World Design Capital, there are 54 one-off examples and three-dimensional objects on view in the 12 galleries, piazza and atrium, including projects from local design schools Instutito Europeo di Design (IED) and the Istituto d'Arte Applicata e Design di Torino (IAAD). IED is showing two projects created by students on its post-graduate course in Transportation Design: the Fiat Panda from 2007 and the 2008 BMW ZX6 - a thesis project created selected as the main photo of the exhibition.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.