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Kia uses wind power to lower emissions and boost economy

Kia's new Aero-Soul concept utilises wind power to lower emissions and boost economy [ad#ad-1] In a dramatic, and very cost effective manner, Kia has revealed the new Aero-Soul concept, which aims to drastically reduce Co2 emissions and improve economy by harnessing the power of the wind, in a low-cost solution called Air Propulsion and Retardation Installation Line. In simple terms, the A.P.R.I.L system uses small sensors built in to the front and rear of the car to monitor wind forces, and deploys wind chutes at the front or rear of the car to aid in braking or forward propulsion. So at cruising speeds if the wind behind the car is strong – such as in winter gales – the panels will harness wind power to provide forward motion.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

Driven: Fisker Karma

Even top-flight car designers are usually not known for their business acumen. So Henrik Fisker's announcement that he would build the "the world's first luxury plug-in hybrid" was met with some cynicism as he stood next to his Fisker Karma concept at the 2008 NAIAS in Detroit. Three years on and CDN is one of the first to get to drive Fisker Automotive's production Karma, a car so hot of the press this model is number three or four off Valmet Automotive's production line in Finland.