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Chinese bank may join Saab rescue deal
Mon, 05 Dec 2011Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.
RCA team helps develop all-electric London taxi proposal
Fri, 17 Jan 2014The Royal College of Art's Vehicle Design program and the Helen Hamlyn Centre for Design have collaboratedwith Turkish car manufacturer Karsan to develop a proposal for the first all-electric London taxi. An RCA team – co-led by Professor Dale Harrow and the Helen Hamlyn Centre for Design's deputy director Rama Gheerawo – has been working with Karsan and its consultancy Hexagon Studio for over a year and to develop a public transport vehicle to suit Londoners of all ages and abilities. The team analyzed a current London taxi in a ‘co-creation workshop' and conducted interviews with taxi drivers, which showed many are over 65 and frequently spend the entire working day inside their cabs.
Toyota introduces Tacoma Baja Series pickup at Texas State Fair
Fri, 30 Sep 2011The Texas State Fair in Dallas isn't just the home of elephant ears, fried autumn pie and walking tacos. It seems to be the new launch point for pickup trucks in the United States. Ford, General Motors and Ram have already shown their next trucks, and Toyota brought something to the party, too.