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Russian tech entrepreneur buys EV maker Think

Norwegian electric-car maker Think Global AS, which filed for bankruptcy in June, has reportedly been bought out by a global technology entrepreneur. New owner Boris Zingarevich currently runs investment operations based in St. Petersburg, Russia.

Video: Hagerty reviews Friday action at Monterey Peninsula auctions

Hagerty magazine publisher Rob Sass recaps Friday's top Monterey auction results from Russo and Steele, Bonhams, Mecum and RM Auctions with Hagerty Price Guide's Dave Kinney and professional appraiser Donald Osbourne. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.

Mitsubishi tease three new concepts for the 2013 Tokyo Motor Show

The three Mitsubishi Concepts heading for the Tokyo Motor Show The European Motor Shows may be over for 2013, but the Tokyo Motor Show is still to come (first public day 23rd November), and Mitsubishi are already teasing new concepts for their home show (above). All three concepts preview the future of Mitsubishi’s design language, and all three are SUVs/Crossovers of one kind or another. The biggest of the trio of concepts is the Mitsubishi Concept GC-PHEV, a proper full-size plug-in hybrid SUV, which Mitsubishi says offer dynamic driving and features MMC’s S-AWC (Super All Wheel Control) to deliver better handling and stability on-road and still be properly capable off-road.