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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.

Volvos to get twin-clutch gearbox

By Ben Pulman Motor Industry 14 May 2008 13:33 Volvo’s C30, S40 and V50 are now available with a new six-speed twin-clutch ‘box – dubbed Powershift – mated to the company’s 134bhp 2.0-litre diesel. The new twin-clutch gearbox has been developed with Getrag (and Volvo's parent company Ford), and is basically the same unit recently announced in the Focus and C-Max. Volvo claims the new gearbox offers an 8 percent improvement in fuel consumption over a conventional six-speed automatic.

Subaru enjoys best-ever sales month in the US

Subaru sold a whopping 41,061 cars in America during the month of August, which not only represents a 45 percent increase over August of last year, but also the best month of sales for the company, period. And it's not the relatively new Subaru BRZ that's leading the pack -- Subaru sold 15 times more Foresters than BRZs during the month of August. That's right, the summer days of sliding around town in a sporty coupe are coming to a close, and we think the answer for the ridiculously high Forester sales lies in a quote anyone with a television should be familiar with by now: winter is coming.