Custom Made For U Suzuki Hayabusa Glow Gauge Face 99-07 1300 Gixxer Busa Mph Kmh on 2040-parts.com

Volvo reveals C30 BEV electric car

By Tom Sharpe First Official Pictures 17 September 2009 11:44 Battery power is back on the menu at Volvo with this, a C30 plug-in hybrid. The electric Volvo C30 BEV wasn’t at Frankfurt, and the Swedes announced the zero-emissions runaround today – along with details of a 92-mile range, 80mph top speed and 0-62mph sprint of less than 11 seconds. The BEV stands for Battery Electric Vehicle and Volvo’s new plug-in hybrid could be introduced to the C30 range by 2012, bosses say.

Porsche opens new Weissach design studio

Porsche has officially opened its new design center. Located at its Weissach development center, the facility includes interior and exterior design departments, plus a dedicated area for concept car construction. According to Porsche chairman, Matthias Müller, the architecture of the new studio has been designed to allow the firm's "creative developers to work hand-in-hand even more methodically than before." The new design center is one of three new buildings opened at the site, which have been built as part of a $200million investment at Weissach.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.