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Saab finds a buyer
Wed, 13 Jun 2012Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.
'Four out of five' drivers support speed cameras
Mon, 25 Nov 2013FOUR OUT OF FIVE drivers in the UK are in favour of speed cameras and think they are useful in reducing injuries on our roads. Research by the Institute of Advanced Motorists (IAM) shows 80% of British drivers supports speed cameras, though there is still scepticism about the positioning of some caemras. Half (52%) of those polled by the IAM said they did not believe speed cameras are only positioned at the sites where accidents have occurred.
Ferrari HY-KERS 2012 heading for F70 revealed: Beijing 2012
Tue, 24 Apr 2012Ferrari HY-KERS 2012 Ferrari has revealed a new HY-KERS hybrid setup for 2012 at the Beijing Motor Show which is heading for the F70 Enzo replacement. It may seem odd to talk about a hybrid Ferrari, but it’s vital for companies like Ferrari to have a hybrid option in their arsenal to reduce average CO2 emissions for as long as legislators continue their pointless governance of carbon dioxide levels. That’s why Ferrari developed their HY-KERS system, which was shown on a 599 in 2010, and it’s why Ferrari has now revealed a new HY-KERS system at the Beijing Motor Show.