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Gordon Murray and Toray Industries build carbon-fiber electric roadster
Thu, 22 Sep 2011U.K. design and engineering firm Gordon Murray Design Ltd. and Japanese carbon-fiber specialist Toray Industries have built a lightweight electric-powered two-seater called the Teewave AR.1.
GM sells Suzuki shares to raise emergency funds
Mon, 17 Nov 2008By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.
Russian Grand Prix: Hamilton on pole for Mercedes
Sat, 11 Oct 2014Hamilton (r) has pole in Russia followed by Rosberg (l) and Bottas (c) Amid tight security thanks to Russia’s ongoing spat in Ukraine, and a muted appetite for exuberance after Jules Bianchi’s dreadful crash with a JCB on track last weekend, the rest of the F1 circus seems to be on normal duty, with Hamilton’s Mercedes taking the front row and Hamilton dominating proceedings in qualifying to secure another pole position. But it wasn’t necessarily going all Mercedes’ way, with Bottas stringing together a very quick lap in the dying moments of final qualifying that looked like it could propel him in front of the Mercedes duo, until he lost traction at the end of his flying lap and had to settle for third spot in tomorrow’s race. Joining Bottas on row two is Jenson Button and his McLaren after a strong qualifying, and Daniil Kvyat – at his first home Grand Prix – managed to secure a very impressive fifth spot for Toro Rosso. Kevin Magnussen in the second McLaren would have been on row three in sixth spot but gets a five place penalty for a gearbox change.