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Drivers 'concerned' by automatic speed limit technology
Sun, 03 Nov 2013THREE QUARTERS of drivers say they are concerned about new technology that automatically changes the speed of a car. These Intelligent Speed Adaptation (ISA) systems are designed to force cars to drive within the speed limit and can automatically reduce a car’s speed without the driver’s input. The Institute of Advanced Motorists (IAM) says 75% of drivers it asked thought ISA systems would compromise safety, while 78% did not want to see this technology retro-fitted to older cars.
Fiat's Montezemolo plans to quit as chairman, sources say
Tue, 20 Apr 2010Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.
Silver linings: Saab and Mitsubishi see sales grow in May
Thu, 02 Jun 2011Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.