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VW Nils concept – it’s another posh city go-kart
Thu, 01 Sep 2011Volkswagen NILS Concept We’ve been trying to think where this little fad for electric go-karts for commuters started. We think it might have been the Renault Twizy, but we’ve a feeling there’s something earlier. But never mind, the latest is from VW – the Volkswagen NILS.
BMW Vision ConnectedDrive: BMW’s Automotive Information Future
Thu, 03 Mar 2011BMW Vision ConnectedDrive at Geneva When the BMW Vision ConnectedDrive first crossed our path we did wonder if it would be a concept version of a small BMW Roadster, A sub Z4. A BMW Z2, perhaps. But it soon became clear that even if the BMW Vision ConnectedDrive did point towards a new BMW Roadster, is was far more about showing how BMW are trying to communicate an ever increasing amount of information to the driver.
Chrysler's main creditors reach deal with U.S.; others hold out
Tue, 28 Apr 2009The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.