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Boca Raton concours to honor Milhous brothers

Well-heeled car fans will be able to get their hands on some highly coveted autos when the Milhous collection goes up for auction on Feb. 24, in a multiday sale that coincides with the Boca Raton Concours d'Elegance. Bob and Paul Milhous of the Milhous Museum will be honored with the Lee Iacocca Award at this year's concours, a distinction that goes to individuals who have perpetuated the American automotive tradition in their dedication to classic-car preservation.

Volvos to get twin-clutch gearbox

By Ben Pulman Motor Industry 14 May 2008 13:33 Volvo’s C30, S40 and V50 are now available with a new six-speed twin-clutch ‘box – dubbed Powershift – mated to the company’s 134bhp 2.0-litre diesel. The new twin-clutch gearbox has been developed with Getrag (and Volvo's parent company Ford), and is basically the same unit recently announced in the Focus and C-Max. Volvo claims the new gearbox offers an 8 percent improvement in fuel consumption over a conventional six-speed automatic.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.