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General Motors to shut down Saab
Fri, 18 Dec 2009General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.
Autoweek in review: What you might have missed
Fri, 21 Oct 2011In a nutshell, here's what happened this week: --Two-time Indy 500 champ Dan Wheldon died on Sunday after a 15-car crash at the Izod IndyCar Series' season-ending race in Las Vegas. He got caught up on lap 11, went airborne and slammed into the track's outside wall. Read the full story here.
America trialling solar-powered roads
Wed, 14 May 2014Solar Roadways After glow-in-the-dark road markings proved to be a bit of a flop when the paint washed away in the rain, experts are now experimenting with solar-powered motorways. A small, family-owned American company based in Idaho called Solar Roadways has created a short section of road that uses the sun’s energy to power nearby buildings, as well as electric cars. If the solar-powered roads are adopted worldwide, it could put an end to the range-anxiety commonly associated with electric vehicles.