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What is 230? We bet it's GM's moonshot--the Chevrolet Volt's mpg rating

The number 230, with an image of an electric plug outlet as the "0," is popping up in a lot of places lately--such as the virtual ad on the backstop of televised baseball games and around the Web. It also has 8-11, for Aug. 11.

Land Rover DC100 concept (2011) - it's the new Defender

The new Land Rover DC100 concept car, ready for a 2011 Frankfurt motor show arrival - points to the company's planned replacement for the Defender 4x4. Land Rover has now confirmed officially that it'll launch a successor to the Defender in 2015, and the DC100 provides plenty of clues to what we could expect. So the Land Rover DC100 is the new Defender?

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.