Competition Cams 31-234-3 Xtreme Energy; Camshaft on 2040-parts.com

War of the greens as Leaf gives Volt a shock

By Freddie Fulton Motor Industry 13 August 2009 10:31 The Chevrolet Volt was gunning to be the ‘first mass-produced car with a triple-digit fuel economy,’ according to General Motors CEO Fritz Henderson. Earlier this week he announced the US’s Environmental Protection Agency (EPA) would rate the new Chevy Volt as capable of 230mpg on the open road. The Nissan Leaf EV has picked a bone with the Volt.

Aptera Typ1

Aptera has released images of their Typ1. Designed by Jason Hill of design consultancy 'eleven' for maximum energy efficiency in aerodynamics and sustainability, the Aptera seats two side by side in a three-wheel configuration. Key aspects of the vehicle are safety and functionality with a driven simplicity in the shapes and lines.

Saab unable to pay wages as financing crisis deepens

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.'  While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff.