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Chevrolet Volt visits the wind tunnel
Thu, 13 Dec 2007By Ben Whitworth First Official Pictures 13 December 2007 10:00 Back in January the Volt was easily the surprise of this year’s Detroit motor show. Chevrolet reckoned its radical electric four-seater was such a breakthrough that it would transform the way we drive when it arrived in showrooms by the end of the decade. And it’s just announced that the production model will be significantly more efficient at scything through the air: the Volt has been sent to GM’s wind tunnel where Chevrolet’s aerodynamicists has smoothed off some of its blunt surfaces to create a shape that is 30 percent more effective at cutting cleanly through the air at speed than the original concept.
Jaguar Land Rover – Clever Finance Deal
Mon, 16 Nov 2009JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.
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.