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Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.

Ram future products: Commercial vans joining the lineup

With a big lift from its Fiat partner, Chrysler Group's Ram truck brand is moving beyond its core pickup truck business into commercial vans. The first entry will be the Ram CV cargo van, a panel van without rear windows. The Ram CV is a version of the Dodge Grand Caravan minivan that has been reworked for cargo use and rebranded as a Ram.

Jaguar brand up 39 percent for April, Land Rover up 8 percent

Jaguar's U.S. sales rose 39 percent in April and Land Rover's sales rose 8 percent, compared with the same month a year ago. Land Rover reported 2,982 sales in April and Jaguar recorded 1,249 sales.