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Gordon Murray's electric city car gets green light
Thu, 05 Nov 2009The UK Government tonight announced a major investment in Gordon Murray's radical new city car project. A £9 million grant will fund development of the T27, an electric city car successor to the original T25 being designed in the UK by the maverick engineer behind the McLaren F1 and numerous racing cars. The money will be spent designing and producing four prototypes over a 16-month period, with the eventual aim of putting an electric car with sustainable manufacturing processes into full production here in the UK. The T27 will be the follow-up to the petrol-powered T25, a small city car designed by jointly by Gordon Murray Design and Zytek Automotive technology.
Troubled Nurburgring race track finds buyer
Fri, 07 Mar 2014Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.
Chevrolet Volt production halted – again
Wed, 29 Aug 2012General Motors has revealed that they are to halt production of the Chevrolet Volt for four weeks as sales stay low. Back in March, we revealed that GM were to stop production of the Chevrolet Volt range extender EV as actual sales fell well behind projected sales. At that time – with a production target of 45,000 Chevy Volts in 2012 – GM had managed to flog just 1.626 Volts in the first two months of 2012 so they decided to halt production for a moth as they had 6,300 Volts stockpiled.