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Norwegian EV maker Think files for bankruptcy
Thu, 23 Jun 2011Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.
A CAR reader’s festival ride in the Jaguar XKR 75
Tue, 06 Jul 2010CAR reader Archie Robertson, from Hertfordshire, won a money-can’t-buy prize at the 2010 Goodwood Festival of Speed thanks to CAR Magazine and Jaguar: an XFR super saloon for the weekend and VIP tickets to Goodwood including an unforgettable ride up the hill. Archie and his wife Judy spent Friday at the Festival of Speed with Jaguar hospitality thrown in. But the highlight of the day was a ride in the new Jaguar XKR 75, sitting alongside Jaguar’s chief chassis guru and driving legend Mike Cross, as he slithered and rocketed up Lord March’s front drive.
Vauxhall Monza concept stars at the 2013 Frankfurt Motor Show
Wed, 11 Sep 2013Vauxhall is reviving its famous ‘Monza’ nametag here at the 2013 Frankfurt Motor Show, evolving the ethos of the large, two-door, four-seat coupe – and how. The Monza concept really is quite spectacular. The crowds near-permanently surrounding it attest to that.