Daihatsu Hijet 2005 Other Sensor [6328600] on 2040-parts.com

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

Watch the reactions of first time drivers of the BMW i3 EV

Jake Humphrey at the wheel of the BMW i3 EV It’s always tough to get across the driving experience; there’s no substitute for actually doing it. So BMW decided the best way to illustrate that their new electric city car – the BMW i3 – is a joy to drive was to film the reactions of first-time drivers, and their passengers, as they take to the wheel of the i3 for the first time on a test drive. BMW has filmed endless hours of footage of different drivers around the world getting to grips with the i3, and they’ve whittled that down to a compelling 1:37 video, much of which shows the reactions of drivers in the UK.

Amped Up! GM to hire 1,000 engineers and researchers for electric cars

General Motors will hire 1,000 engineers and researchers in Michigan for research and development of electric vehicles, CEO Dan Akerson said on Tuesday morning in Detroit. The new hires will work on batteries, electric motors and power-control technology. Akerson made the announcement at the factory that builds the 2011 Chevrolet Volt.