Industry

Toyota has announced that it will invest in Tesla and that the two companies will work together to develop electric vehicles; Tesla has also bought a Toyota factory.

Volvo has published its Corporate and Sustainability Report for 2009/2010 which the company says shows its commitment to sustainability.

Average European new car CO2 emissions are falling at a faster rate than ever before and are on course to meet 2015 EU targets, according to provider of automotive intelligence, JATO Dynamics.

Average CO2 emissions of a car bought through the Scrappage Incentive Scheme by the end of April 2010 were 132.9 g/km, over 27% below the scrapped car's figure and 9.5% below the overall new car market average.

Ford is aiming to invest up to £1.5 billion in new, affordable, volume-produced low CO2 technologies at its four UK facilities over the next five years after securing a £360 million Government loan guarantee.

Average new car CO2 emissions fell by their biggest ever margin last year, with the average new car sold in the UK in 2009 emitting just 149.5g/km of CO2. At the same time, Fiat has posted Europe's lowest volume weighted CO2 emissions.

Saab's future has been very much in doubt over recent months, but now it seems that the survival of the Swedish brand is assured thanks to Spyker.

After many months of assuming Magna would buy Vauxhall and Opel, GM has announced it will be keeping hold of its European division.

A colour-coded Used Car Fuel Economy Label was today launched by Minister for Transport Sadiq Khan.

New cars registered through the Scrappage Scheme have had an average CO2 value of 132g/km which is almost 11% below the overall average.