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Nissan’s EV onslaught continues with Townpod

Nissan’s Townpod will be the company’s third electric vehicle (a battery-powered version of the NV200 commercial vehicle will slot in after the Leaf) and is slated for a late 2012 arrival in the UK. Looking remarkably like a character from Pixar’s Cars film, the Townpod takes the lithium-ion battery-powered drivetrain of the Leaf and cloaks it in urban friendly sheetmetal. The long wheelbase and zero overhangs results in a huge cabin, accessed by some trick doors – rear-hinged rear doors and a vertically split rear door.

Audi R8 V8 Limited Edition launched to celebrate Le Mans win

Audi R8 V8 Limited Edition Audi has had an incredible run at Le Mans, and is celebrating in style by launching the Audi R8 V8 Limited Edition in to the UK market. Despite the R8 Limited Edition being built to mark Audi’s Le Mans triumphs, the R8 doesn’t get a diesel engine or more power. What it does get is a bit of a cosmetic makeover and a list of goodies dropped in.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.