The McLaren MP4-12C Spider teaser image
- The government is planning a mandatory recall policy in line with policies in the US, UK and Japan where an independent body investigates defects and has the power to impose a penalty if a company is found not issuing a necessary recall. This is due to the fear that the voluntary recall policy issued by SIAM does not have any clauses that impose penalties if a company chooses not to issue a recall even if it is required.
- The government plans to invest Rs 13,000 crore over the next eight years to promote electric and hybrid vehicles. The Department of Heavy Industries will probably seek Cabinet approval for the scheme within the next three months. If it works as planned, it should help the government save Rs 27,000 crore in fuel costs.
- The tyre industry is planning to cut production because of falling demand from auto manufacturers. They intend to balance production by increasing exports.
- The Mughal Road Rally has been flagged off yesterday by Nasir Aslam Wani, Jammu and Kashmir's state minister for tourism, culture and home. It has 67 participants this year and will end in Srinagar on Monday.
- McLaren has announced the open-top version of the MP4-12C supercar. No details have been released about the Spider, but we expect it to be a little heavier and marginally slower than the hardtop but have similar specifications.
- The Mercedes-Benz CLS 'shooting brake' is now official. The decision of whether it retains the sedan's design flair or is just strange we leave to you.
- The Terrafugia Transition flying car has finish the first round of certification flight tests with the Federal Aviation Administration of the USA. There are five more to go, and now it will go testing on roads. The delivery dates have been postponed from the end of this year to a year or two later.
- Opel's supervisory board has approved a plan that will hopefully revitalise it. It involves big infusions of money over the next four years. The company wasn't very willing to release details, but here's to hoping the brand can resurrect itself.
- Tim Birkin's 4.5-litre supercharged 'Blower' Bentley has set a record for the maximum amount paid for a Bentley at an auction, at GBP 4.5 million, or Rs 39.28 crore.
- The Audi R8 e-tron has lapped the Nurburgring in 8 minutes and 9 seconds - this is a record for a car with electric drive.
- The Lotus Evora 414E hybrid is now a running prototype. Why are we excited about it? It's a small sports car with 1000Nm of torque!
The CarWale Daily Fuel is your quick daily dose of automotive news from India and around the world. If you want to know whatever's in the news but want it short and sweet, here's your solution.
