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Driverless 'pods' to hit Milton Keynes
Mon, 11 Nov 2013DRIVERLESS cars will transport people through the streets of a British town in a £1.5 million project aimed at boosting green technology. From 2015 an initial batch of 20 driver-operated "pods", which will be able to carry two people, will be run on designated pathways separated from pedestrians in Milton Keynes. But by mid-2017 it is planned that 100 fully autonomous vehicles will run on pathways alongside people, using sensors to avoid collisions with obstacles.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.
Updated: Lexus LF-LC Concept
Wed, 04 Jan 2012The Lexus LF-LC concept – a four-seat coupe that will make its debut at the NAIAS in Detroit – has been further unveiled in these latest shots. Designed in Toyota's Catly studio in Newport Beach, California, the show car appears to develop Lexus' L-Finesse design language, while retaining familiar features such as the huge grille first seen on the LF-Gh concept and subsequent GS sedan production car. The upward flick of the windowline into the C-pillar is also reminiscent of the flagship LFA.