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Do Traffic Lights Hold The Key To Saving Fuel?

SUPERMARKET fuel price cuts may come and go, but it’s becoming increasingly difficult to achieve longer lasting savings. German car maker Audi thinks it may have the answer, as it’s developed a system that ‘talks’ to traffic lights. The goal is to save fuel by alerting drivers to when lights change so they can slow down, plus prime a car’s engine stop-start system when a change from red to green is imminent.

News watch May 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.