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Gibbs Sports Amphibians launches the Quadski

Gibbs Sports Amphibians has unveiled the Quadski, an amphibious all-terrain vehicle that, according to company founder Alan Gibbs, obliterates the distinction between land and water transportation. The 1,300-pound, 10.5-foot-long Quadski looks a bit like a jet-powered personal watercraft sitting on top of a single-seat ATV, but it's what's underneath the vehicle's molded composite body that separates the high-speed Quadski from larger, slower amphibious predecessors. The Quadski draws power from a BMW K 1300 Motorrad motorcycle engine capable of producing 175 hp.

Volvo reveals safety kit on 2015 XC90 SUV

By John Mahoney Motor Industry 22 July 2014 10:34 Volvo claims the all-new XC90 that will be revealed in late August will be one of the safest cars money can buy thanks to pioneering new safety technology. So far the Swedish carmaker has teased us with designer sketches of how the seven-seat crossover will look, told us how it will be offered with a 395bhp plug-in hybrid that emits just 60g/km of CO2 and released official pictures of the production XC90’s interior. Now it’s time for the Volvo publicity machine to tell us about the novel new safety tech that will protect us from ourselves and this includes two claimed world firsts.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.