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GM cancels Opel Vauxhall sale to Magna
Tue, 03 Nov 2009By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.
Subaru Impreza Concept: The Video
Tue, 23 Nov 2010The Subaru Impreza Concept - video below The Subaru Impreza Concept wasn’t something we expected at the Los Angeles Motor Show last week, but it was welcome news nevertheless. The Impreza’s design has become tired and dated and needed an injection of something fresh, which the Impreza Concept certainly seems to offer. Of course, the Impreza at LA is a concept car and gets some of the usual concept fripperies like cameras for mirrors and no discernible door handles, but the basic design stands up well and should be almost all there when it goes in to production.
Volvo Flywheel KERS hybrid on the way
Tue, 31 May 2011Volvo Flywheel KERS - more power, less fuesl, low cost Volvo looks like it’s making a big jump ahead in the ongoing battle to make cars more economical, with plans to roll out a Hybrid Flywheel KERS system to boost performance and cut fuel consumption in the process The innovative system Volvo are trialing is similar in principle to the push-button boost used in Formula 1 cars. Volvo say that their efficient and lightweight system will give a four pot the feel of a six-pot and cut fuel consumption by up to 201% Which are claims we’ve head before when it comes to hybrid technology. And, as long as the car is driven in a very gentle fashion, many of the hybrid claims are true.