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Volvo Flywheel KERS hybrid on the way
Tue, 31 May 2011Volvo Flywheel KERS - more power, less fuesl, low cost Volvo looks like it’s making a big jump ahead in the ongoing battle to make cars more economical, with plans to roll out a Hybrid Flywheel KERS system to boost performance and cut fuel consumption in the process The innovative system Volvo are trialing is similar in principle to the push-button boost used in Formula 1 cars. Volvo say that their efficient and lightweight system will give a four pot the feel of a six-pot and cut fuel consumption by up to 201% Which are claims we’ve head before when it comes to hybrid technology. And, as long as the car is driven in a very gentle fashion, many of the hybrid claims are true.
Fernandes confirms Team Lotus-Caterham deal
Wed, 27 Apr 2011Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.
Saab files for bankruptcy
Tue, 20 Dec 2011Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.