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Nissan wins New York taxi bid

Nissan won the fight for an exclusive 10-year contract to design and supply the next generation of taxis for New York City, starting in 2013. "The new taxis will be custom-designed to meet the specific demands of carrying 600,000 passengers a day in New York City traffic," Mayor Michael Bloomberg said Tuesday. "The vehicle meets the top priorities identified by the public in our online survey." Nissan was battling Ford Motor Co.

Ford brings stop/start system to U.S.

Ford will equip many of its U.S. cars and SUVs with stop/start technology, beginning in 2012, which automatically shuts down the engine when the vehicle comes to a stop, cutting down on fuel use and emissions. The technology, which Ford calls Auto Start-Stop, will be available with either manual or automatic transmissions.

Chevy Volt, other key GM vehicles remain on track, new product boss says

The Chevrolet Volt remains on track to hit the market in late 2010--and General Motors is still going to invest in developing key products--despite its financial troubles, a top executive said Thursday. The Volt and other new GM vehicles, such as the Cadillac SRX, the Buick LaCrosse and the Chevy Equinox, remain top priorities--even though the company lost $6 billion in the first quarter of this year and is surviving on government loans. "Great cars and trucks are the only thing.