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GM delays innovative new diesel truck engine
Tue, 10 Mar 2009General Motors' deteriorating financial situation has caused the company to delay one of the most advanced engines that it has ever designed, a 4.5-liter diesel for light-duty trucks. "We have to make tough decisions right now," GM Powertrain spokeswoman Susan Garavaglia said. Truck enthusiasts were eagerly awaiting the engine, which would have started production next fall at GM's plant in Tonawanda, N.Y.
Volvo S60, V60, V70 & S80 DRIVe Diesels get Auto ‘box
Thu, 01 Dec 2011Volvo DRIVe diesels get automatic gearbox Volvo has announced that they are offering their S60, V60, V70 & S80 DRIVe Diesels with an auto ‘box option, with the same emissions and economy as manual cars. There was a time, not very long ago, when seekers of economical cars had to wear a very hairy shirt to achieve silly mpg. That meant giving up any semblance of comfort, size or luxury in your transport, and an automatic gearbox was a definite no-no.
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.