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Duo of Chevrolet NAPCO 4x4 trucks to cross the block

Interest in classic pickup trucks has been surging in the past few years, introducing car collectors to a whole new world of desirable vehicles. And while the "rules" are still being written when it comes to what's acceptable in a restoration, there are clear favorites, with austerity and originality typically valued over luxury. As nostalgia for the trucks of the 1950s increases, so do the amounts collectors are willing to pay for the workhorses of yesteryear.

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.

Better Place EV Battery Swap business goes bust

It seemed like a good idea: take the cost of batteries out of the cost of buying an electric car and instead charge EV owners to use ‘Battery Swap’ stations where depleted batteries could be swapped for fully charged ones in the time it takes to fill an ICE car with petrol. But it’s all gone a bit Pete Tong. Better Place – which partnered with Renault in 2009 to make the battery swap technology viable – has failed to find anyone to add to the $750 million already involved in the project and has filed for bankruptcy.