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Saab secures more funds as it seeks to avert collapse
Mon, 27 Jun 2011Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'. Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.
Bentley Continental GT Hybrid?
Mon, 08 Jun 2009Bentley Continental GT caught sporting gubbins that looks suspiciously like a Hybrid power train So far, Bentley has opted for Bio-Fuel as a good starting point for going ‘Green’, but if the spy shot you see here is anything to go by, it looks like we could be seeing a Bentley Hybrid before too long. Snapped in Spain, where many car makers do hot weather testing in Europe, this Bentley Continental GT is definitely sporting something major in the mechanical department that doesn’t fit with the stock car. The guy who snapped the car also said it was running very quietly – perhaps indicating it was in electric cruise mode.
Mitsubishi Outlander Plug-in Hybrid EV (PHEV): Details ahead of Paris debut
Fri, 07 Sep 2012Mitsubishi has revealed more details on the plug-in hybrid electric Outlander ahead of a debut at the Paris Motor Show. Mitsubishi has been threatening a hybrid version of the Outlander for a few years (we had the PX-MiEV at the Tokyo Motor Show in 2009 and the PX-MiEV II at last year’s Tokyo Show), but the real production deal – the Mitsubishi Outlander PHEV – arrives at Paris. Now, with a public debut imminent, and full production and deliveries planned for 2013, Mitsubishi has revealed more details of their plug-in hybrid as they try to make their reputation for tough off-roaders and bonkers performance cars a bit more fluffy-bunny.