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Norwegian EV maker Think files for bankruptcy
Thu, 23 Jun 2011Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.
Design Contest: 2005 World Automotive Design Competition announced
Tue, 07 Dec 2004The World Automotive Design Competition, sponsored by Alias and hosted by the Canadian International Auto Show, is back with more participating design schools and an impressive list of prizes. Design students from twenty-six schools around the world have been invited to design a World Car that visually identifies its cultural origins and, at the same time, has appeal, and can be sold throughout the world, in at least five countries on three continents. The vehicle should be easily recognized as coming from a particular culture.
Citröen Metropolis concept car (2010) first pictures
Mon, 19 Apr 2010By Chris Chilton First Official Pictures 19 April 2010 16:34 Citröen is using this week’s 2010 Shanghai motor show to give a sneak view of how a new Citröen limo could look. The press statement says the Metropolis concept ‘pays homage to China’s extraordinary development’ but just how this Citröen forces millions of people to live in poverty with no access to an uncensored media isn’t yet clear.A massive 5.3m long (longer than a stretched 7-series) but only 1.4m high, the four-door coupe’s styling has echoes of Citröen’s incredible GT supercar concept of 2008 and was developed by Citröen’s Shanghai-based design team. China’s car market is phenomenally lucrative and rich Chinese are hungry for luxury saloons so the Metropolis is likely to resurface as a Chinese-market limo rather than point to the next C6.A Citröen hybrid limoTo ensure occupants get a level of ride quality worthy of a limo it’s fitted with Hydractive suspension; to keep their conscience clean it’s fitted with a plug-in hybrid drivetrain.