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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.
Toyota Yaris
Fri, 07 Jan 2011Toyota has released these images of the latest variant of the ever-popular Yaris/Vitz city car. Whilst growing in every direction over the outgoing model, the new car manages to be around 30 kilos lighter than the model it replaces. The exterior has received a thorough revision, being designed under the moniker of 'agility and sophistication'.
Honda NSX set to return
Tue, 13 Dec 2011Acura, Honda's luxury division, is set to launch two new concepts alongside a showcar preview of the next generation US-market Accord Coupe at the NAIAS in January. The most significant Acura vehicle set to make its global debut is the much rumored and long-awaited NSX replacement, which will be making its debut 23 years after the original appeared at the Chicago auto show. The new NSX concept will adopt a new stance on the super car paradigm.
