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Damon Hill’s bid to close P1 'unsuccessful'
Fri, 20 Mar 2009By Tim Pollard Motor Industry 20 March 2009 16:04 Damon Hill’s bid to wind up the P1 supercar club in the High Courts of Justice has been rejected – for now. The former F1 world champion is pursuing money owed to him and issued a petition to close down P1 to pay the debt. But Hill’s co-founder of P1 International, and current chief executive officer, Michael Breen told CAR Online that the petition to wind up his business had been unsuccessful.
Ssangyong Motor unveils new Design Center at Pyeongtaek plant
Fri, 14 Dec 2012Ssangyong has opened a new Design Center at its Pyeongtaek plant in South Korea. The new Design Center, which took 13 months to complete, has been opened to further integrate research and development into the company during the production process with the aim of "enabling synergies in diverse fields throughout the development process". Ssangyong designers will now be working in a facility spanning around 8,700 square meters compared to their previous building of just over 6,000 square meters in Anseong.
Self-driving Tesla could hit roads within three years
Tue, 01 Apr 2014Electric car manufacturer Tesla has said that self-driving cars could be a reality within the next three years, with the firm targeting a computer-guided version of its Model S saloon. Tesla chief executive officer Elon Musk said in an interview with the Financial Times that the autonomous driving technology would act like “an autopilot” that could be switched on and off like an aeroplane’s guidance system. On Bing: see pictures of autonomous cars Find out how much a used Tesla costs on Auto Trader However, while Musk claimed that 90% of distances driven today would be able to be completed autonomously in three years’ time, he also admitted that fully self-driving vehicles may be a “bridge too far” in the near future.