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Russian tech entrepreneur buys EV maker Think

Norwegian electric-car maker Think Global AS, which filed for bankruptcy in June, has reportedly been bought out by a global technology entrepreneur. New owner Boris Zingarevich currently runs investment operations based in St. Petersburg, Russia.

Daihatsu FC ShoCase

The FC ShoCase is the most unorthodox of the three concepts being previewed by Daihatsu prior to their unveil at the forthcoming Tokyo motoshow. The 'FC' in the name stands for fuel cell, and this concept is in essence a technology demonstrator for the company's next generation technology, which use no precious metals in their construction. Sitting – like its concept siblings – under the Kei car classification (it is just 3395mm long), the FC ShoCase nonetheless has space for four occupants, seated in exceptionally thin seats that fold down to create a secondary floor.

GM repays Government loans – sort of

GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.