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Bentley plug-in hybrid confirmed – but not for the ‘Green’
Tue, 30 Aug 2011The very best sort of 'Green Bentley' To be entirely fair to Bentley CEO Wolfgang Dürheimer, he hasn’t said that Bentley are planning a hybrid for reasons other than a green halo, but it seems very likely that’s the case. Especially as they are planning a plug-in Bentley. So what other reason could Bentley have for offering a plug-in hybrid other than to be ‘Green’?
Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.' While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.
Honda Jazz Hybrid (2013) first official pictures
Fri, 19 Jul 2013Honda city car gets a new hybrid drivetrain and dual-clutch gearbox – and a claimed 102.8mpg The new Honda Jazz Hybrid has been revealed, with massive improvements in fuel economy for the smartly packaged and keenly priced urban runabout. Its 102.8mpg (UK) claim puts the current Jazz Hybrid’s figure of 62.8mpg in the shade, as well as that of the Toyota Yaris Hybrid with 81.0mpg. It will be shown at the Frankfurt motor show this September before arriving in UK showrooms in 2014.