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IDEA Institute acquired by Quantum Kapital
Tue, 22 Jun 2010Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.
Alfa Romeo 8C Competizione coupe (2006) first offiical pictures
Tue, 12 Sep 2006By Angus Fitton First Official Pictures 12 September 2006 04:49 The lowdown This gorgeous creation is the new Alfa Romeo 8C Competizione. It looks familiar because it's the production version of the 2003 concept car which bore the same name. Alfa has confirmed that the 450bhp V8 coupe will go on sale in September next year.
Think, again: Norwegian electric-car maker looks for U.S. plant
Thu, 12 Mar 2009Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.