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CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.
Thu, 24 Nov 2011Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.
Hydrogen-powered Toyota FCV Concept revealed
Tue, 05 Nov 2013The Hydrogen-powered Toyota FCV Concept (pictured) revealed Toyota revealed last month that their latest take on a hydrogen-powered car would be revealed at this year’s Tokyo Motor Show. And here it is – the Toyota FCV Concept. The FCV Concept points clearly at Toyota’s first proper production fuel cell car – expected to hit Toyota showrooms in 2015 – and Toyota are keen we realise that, subject to a refuelling infrastructure, the hydrogen-powered FCV is just like owning a regular ICE car.
R8 e-tron electric supercar will be built, Audi says
Wed, 11 Dec 2013The Audi R8 e-tron is back on: Audi has backtracked on an earlier decision to cancel production of the zero-emission supercar and will now push ahead with small-scale production two-seater, Autoweek can confirm. The decision is part of a number of sweeping changes made to Audi's research and engineering operations since the arrival of its new head, Ulrich Hackenberg. Citing recent advances in lithium-ion battery technology that has reportedly increased its range from an original 134 miles to close to 250 miles, high-ranking insiders at Audi's headquarters in Germany suggest the R8 e-tron will now go into limited production during the latter half of 2014.