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Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.

GM sees no potential buyers for Saab

General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.

Toyota’s Take On Personal Transport Hits The Streets

JAPANESE car maker Toyota has launched the first public trials of its ultra-compact i-Road electric three-wheeled ‘personal mobility vehicle’ to find out how it shapes up in the cut-and-thrust of real-world urban driving. Consumer testing in Tokyo is set to run through to early June, with 10 of the single-seater vehicles taking to the city streets. The 20 people involved in the programme range from industry experts through to members of the general public, so that Toyota can gain a wide range of feedback on what the i-Road is like to drive, how easy it is to use around town, how it affects people’s decisions about what journeys to make.