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Chevrolet Mi-ray Concept Seoul Debut
Thu, 31 Mar 2011The Chevy Mi-ray - a two-seater hybrid roadster GM are big in Korea, make no mistake. Well, South Korea, certainly. So big are Chevrolet in Korea that they rank only behind indigenous makers Kia and Hyundai, and Seoul is GM’s world centre for small cars – think of stuff like the Chevrolet Cruze and Chevrolet Aveo.
Spyker warns that Saab's future is 'uncertain' without fresh funds
Fri, 01 Apr 2011Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.
Tesla has room to grow with the Model S sedan, Calif. factory
Tue, 04 Oct 2011We got a brief ride in a prototype of the Tesla Model S all-electric sedan, and as far as we could tell from the passenger seat, it seemed like a luxury performance bargain for just $57,400. Of course, being just a passenger means any evaluation is more or less just a guess. We should get to drive one of them sometime before the fully finished models go on sale next summer and then we will have a more definitive take on the car.