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Next-generation Chevy Volt to have 60-mile electric range?
Mon, 12 Aug 2013On the heels of the recently announced price cut for the 2014 Volt, General Motors chief executive Dan Akerson is suggesting that we may see a Volt with 60-mile electric range in three or four years. In an interview with Bloomberg, Akerson suggests that GM is hoping for a "significant" improvement in the extended-range Chevy's ability to run solely on electric power. “For something to be significant to me, I gotta get at least 20 percent improvement in performance," the CEO asserted.
Aston Martin One-77 (2009): new video and cabin photo
Wed, 12 Nov 2008By Tim Pollard First Official Pictures 12 November 2008 12:12 Aston Martin today publishes a second video of its uber-exclusive One-77 supercar – and we see the first glimpse inside the £1.2 million car's cabin. Watch the short film on our video player below to see official footage of Aston CEO Dr Ulrich Bez, design boss Marek Reichman and program manager Chris Porritt talking about the One-77. Porritt said the One-77 continued the tradition set by low-volume models like the DB4 GT Zagato – with craftsmanship that just wouldn't be possible on a V8 Vantage or DB9.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.