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How VW's XL1 will make your next Golf lighter, faster and more frugal
Thu, 07 Mar 2013VW will only build 250 examples of the XL1, its super-streamlined two-seater than scores a combined 314mpg thanks to its plug-in hybrid diesel engine, lightweight construction and low-drag design. Each punter will have to put up around €100,000 for the privilege of saving money on fuel – but don’t worry, because every car across the VW Group will benefit from the lessons learned, all by 2020. Is my next VW likely to be a hybrid?
New Chevrolet Camaro will cost from £35,320 in UK
Mon, 10 Jun 2013The facelifted Chevrolet Camaro will arrive in the UK in November 2013 The current Chevrolet Camaro only hit the UK around a year ago, but with a facelift for the Camaro debuting at the New York Auto Show this year the new Camaro is on its way to the UK, with prices starting from £35,320. The changes to the 2014 Camaro amount to a new nose with wider grill and slimmer lights, a set of vents on the bonnet with a new boot lid, diffuser and lights at the back that somehow contrive to make the Camaro look like a Japanese import. Under the bonnet is the same American Muscle engine – a 6.2 litre V8 – with 426bhp if you opt for the manual gearbox and 400bhp if you go for the auto option, with standard equipment including Keyless, MyLink (which gives you a 7″ touchscreen, rear view camera and voice recognition), SatNav and colour heads-up display.
Saab says it will restart production after securing short-term loan
Mon, 02 May 2011Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.