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Courier firm expands electric van fleet

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Just months after ordering its first fully electric van, final mile delivery specialist Gnewt Cargo has returned with an order for three more of the new Mercedes-Benz Vito E-Cell vans. These battery-powered vans are to be liveried with TNT Express wraps, as part of Gnewt Cargoís contract with TNT and they will predominately operate within Londonís square mile.

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Profits up again at Porsche

Porsche Automobil Holding SE, the company which owns the majority share in Volkswagen as well as Porsche badged vehicles, has announced an increase in profits for the first six months of their current business year (August 1, 2008 to January 21, 2009) Upon closer inspection the startling performance, flying in the face of most of the motor industry, would appear to be from financial trading floors rather than cars sold, as the effect of cash settled share option transactions led to the increase in group profits.

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