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London F1 Grand Prix plans completely serious, says Ecclestone

F1 boss Bernie Ecclestone says the recent publicity stunt by Santander for a London F1 Grand Prix are in fact a serious proposal. We recently saw plans for an F1 Grand Prix in London surface as something of a publicity stunt for Santander, with an impressive video (below) featuring McLaren’s Lewis Hamilton and Jenson button. The start of the London F1 Grand Prix is envisaged at Buckingham Palace and takes in the Mall, The Embankment, Trafalgar Square, Piccadilly Circus and a host of London’s iconic landmarks in a Grand Prix at night expected to attract hundreds of thousands of visitors.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.

Volvo Concept Universe: Volvo aims high

Volvo Concept Universe - complete with spangly nose We got the tease on the Volvo Concept Universe, which is what you would expect in this age of pre-launch torment from car makers. And now we get the reality. And we’re not too sure what to think.