Volvo plans on debuting a new concept car at the upcoming Frankfurt Motor Show to promote its new four-cylinder engine lineup. The concept car will be sporting the name “You”, with Volvo releasing a short teaser video. The video doesn’t give away too much of the concept car, but highlights some of its finer features...
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It was just yesterday when we reported that Saab was seeking government protection against bankruptcy, but now it seems like this step has failed. A Swedish court has rejected a protection and voluntary reorganization plan, citing that it does not believe any steps the automaker makes will help it to recover. Saab is “disappointed” with...
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Many people have no clue where to place Volvo. Is it a premium brand like Audi or BMW, or is it more closer to VW and Ford! The truth is, it’s been languishing in the middle for far too long, and the boss of Geely Automobiles, Li Shufu, has been wanting to take the brand...
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Volvo has updated its near-iconic XC90 SUV for 2012, adding some exterior and interior changes along with some technology to make it more 2012-friendly. The newly refined SUV now features daytime running lights, giving the front more character along with its redesigned silver metallic bumper bar and silver roof rails. A subtle, but classy accent...
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Another week and another sob story regarding Saab. The troubled automaker has just applied for protection from creditors, and is trying to avoid the bankruptcy petition made by the unions. A once thriving manufacturer that made fighter aircraft, trucks and automobiles, the auto division of this 65 year-old company has been struggling ever since General...
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The Jet race seems to be over. There are no passenger planes as fast as the Concorde anymore, and there are no military jets as fast as the SR-71 Blackbird anymore either. Thankfully, on tarmac, the speed race is still on. Ever since the Ferrari F40 broke past the 200-mph barrier for a production car,...
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After showcasing the Concept Universe (above) at last year’s Shanghai Auto Show, Volvo will unveil an all-new concept at the Frankfurt Auto Show in just a few week’s time. This latest project will be used as a platform to promote the brand’s new 4-cylinder engine lineup that it claims won’t reduce driving pleasure or the...
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Siemens might be a household name, but it is normally associated with appliances such and blenders and sewing machines. However, now it hopes to add another daily appliance to its resume, by making an electric car. To do so, it has partnered with Volvo to make a fully-electric car based on their C30 platform. Volvo,...
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Debt ridden Saab is to apply for court protection from its creditors in a bid to stave off bankruptcy get again. For months, the automaker has struggled to raise finances to pay off suppliers, and as a result, has halted production. Saab was rescued from bankruptcy last year by Dutch owner, Swedish Automobile (formerly Spyker),...
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The technology will be incorporated on Volvo’s Euro market D3 2.0-liter turbo-diesel five-cylinder engine, and teamed with the company’s six-speed automatic is expected to reduce fuel consumption by around 0.4 liters per 100 km (3 mpg US).
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Sweden’s debt agency is claiming they have successfully investigated a handful of Saab bank accounts with some success. On Friday, the agency uncovered $796,291 which is enough to cover debts owed to the first four companies waiting for payment. The debt agency has contacted other banks holding Saab accounts in order to understand exactly where the Swedish automaker stands....
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Sweden’s regulators started the collection process against Saab Automobile after the struggling automaker failed to meet a Tuesday deadline to pay two suppliers. ”We’ve just begun by looking at what kind of bank accounts they have and what kind of collateral there might be” in the process that started Wednesday, Tommy Barkman, a case worker...
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Poor Saab can’t catch a break. Last week Saab’s European supplier were putting pressure on the Swedish automaker to declare bankruptcy, and this week the car company has pulled out of next months Frankfurt auto show, due to a lack of finances. A Saab spokesperson explained that the car-maker will concentrate its resources on restarting production at...
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Somehow, Saab is still alive, clinging to financial solvency with a tenacious refusal to go gentle into that good night. Some good news in its struggle has emerged, however: the troubled company has raised $5.8 million in a deal with GEM Global Yield Fund Limited, securing its funding for the time being. Saab’s Trollhättan plant...
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Swedish Automobile, owner of financially-stricken Saab, is being pressured by European suppliers to declare bankruptcy, hoping the threat will pressure the automaker to pay back debts. Saab production came to a halt in April, with suppliers refusing to deliver components because they were not being properly paid. Spanish auto panels maker Matrici S. Coop prepared a bankruptcy request,...
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Typically a Saab news story nowadays is either to do with financial woes or plant shut downs, however, thanks to the company’s recent injection of investor cash, both these issues will be dealt with by the end of August. With plans to move forward, Saab is now talking about the future, with an eye on...
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Volvo is recalling the 2007 S80 built between March 2006 and May 2007 due to the power steering reservoir return hoses that may been incorrectly routed. According to the National Highway Traffic Safety Administration, an incorrectly routed hose can result in increased pressure within the power steering. If there is a failure, it’s possible for the hose...
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The Saab 9-6X concept was unveiled six years after being axed. The first pictures of the concept have hit the web and was unveiled at the company’s museum in Trollhättan. The 9-6X was based on the Subaru Tribeca and was slated for production but the vehicle was shelved when GM sold their 20 percent minority stake in Fuji...
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Volvo is living up to its reputation for being a leader in safety, with a new report shedding light on exactly how big an impact the brand’s new City Safety collision avoidance system is having. According to a study published by the Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI),...
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We’ve all seen our fair share of bad drivers but this driver takes the cake. In the show, De Allerslechtste chauffeur van Nederland? also known as “Who Is The Worst Driver In The Netherlands?” the driver almost kills several people. Pim, the driver, mistook the accelerator for the brake, veered off the course, covered his eyes...
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Volvo is currently working on developing several green technologies including an electric C30, a flywheel hybrid system and a diesel-electric plug-in hybrid system. This week, Volvo announced that it’s working on a more ambitious project -three unique range-extended electric drive setups. Volvo is working with the Swedish Energy Agency and the European Union to develop this technology....
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Another one joins the list! And this time around, it’s the Saab 9-4X, a new midsize luxury SUV, that’s taken its place on the Insurance Institute for Highway Safety’s Top Safety Pick award list. To earn this top safety designation, the 9-4X had to earn a rating of good in the IIHS’s front, side, and...
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Another week and another episode in the Saab drama is upon us. Now news comes that this ailing Swedish brand has halted production on building any new cars until Aug. 9, 2011. The delay is caused by suppliers, who want Saab to clear its debt with them before they provide any further parts. Saab has...
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Hot on the heels of Volvo announcing their Performance Concept Prototype C30, Volvo Car Australia has pulled the wraps off their S60 Performance Project, a collaboration between Volvo, Heico and Polestar. Starting with an S60 T6 R Design, the Australian tuners has increased horsepower by 24-hp to 324-hp and torque has gone up close to...
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