1965 1966 1967 Corvette Big Block Side Exhaust System on 2040-parts.com

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.

Gordon Murray city car to be built

It seems the Gordon Murray Design T25 and T27 city cars are heading for production and could be on sale as early as 2016. According to Gordon Murray himself, writing on the company’s website, the concept for both the T25 and T27 has now been sold to a customer. The i-Stream manufacturing process is also being taken on by a selection of clients, it seems.

Toyota hands over small-car development to its European unit

Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.