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Crunch watch Nov 09: the auto industry in crisis
Mon, 30 Nov 2009Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.
GM repays Government loans – sort of
Fri, 30 Apr 2010GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.
Kia Optima T-Hybrid concept revealed ahead of Paris debut
Mon, 29 Sep 2014Kia Optima T-Hybrid concept revealed ahead of Paris debut It looks like Kia is ready to push the start button on a new range of mild hybrids with the reveal of the Kia Optima T-Hybrid concept ahead of its debut later this week at the 2014 Paris Motor Show. The new mild hybrid powertrain isn’t going to make an enormous difference to power or economy, but in a world where taxation gets based on official CO2 figures it will make the Optima more appealing to company car buyers. The Optima hybrid gets the normal 1.7 litre diesel engine and adds a small electric motor powered by a 48V lead-carbon battery which will be enough for short running at low speeds on electric power alone or allow some electric ‘cruising’ on motorways.