Fri, 01 Apr 2011
Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.
Sat, 29 Sep 2012
An electric car – based on a second-hand Lotus Exige – has broken the UK electric car speed record with a speed of 151.6mph. We’re not entirely sure how relevant a new UK speed record for an electric car is, but let’s be parochial and report it anyway. The ‘Nemesis’ is an electric car built round a second hand Lotus Exige, bought off eBay, by a team of engineers in a shed in Norfolk and driven by an Estate Agent from Gloucestershire.
Tue, 07 Jul 2009
In 1980, when several automakers began to use airbags, there were people who thought that cars couldn't possibly get any safer. Karl-Heinz Baumann, a safety researcher at Mercedes-Benz AG in Stuttgart, was not one of them. "We said, 'No, it cannot be all,' and we kept doing more research."
The results of that research are presented on the company's most recent Experimental Safety Vehicle (ESV), on display now in the Mercedes Museum in Stuttgart.
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