Alternator Tyc 2-08408 on 2040-parts.com

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Volvo Group plans wirelessly charged bus line

There's one bit of futuristic transportation technology that seems to get trotted out almost as often as autonomous cars, electric cars and flying cars: Inductive, or wireless, charging for city buses. It's not as sexy or as memorable as the perpetually out-of-reach commuter-grade Harrier jet, but it uses proven technology (GM's EV-1 uses inductive charging, as do electric toothbrushes) to save or eliminate fuel and to reduce emissions. And unlike the flying car, induction-charged buses are hardly fantasy: They've been used in European cities for over a decade, South Korea started testing a fleet last year and Utah got in on the act recently.

GM to build small Cadillac in Michigan

UPDATED -- General Motors Co. will spend $190 million in a Michigan plant to build a small sedan for Cadillac, the automaker said Thursday. GM CEO Dan Akerson made the announcement at the Lansing Grand River assembly plant.