New Fashion Car Logo Key Chain Echelon Key Chain, Suitable For Volvo on 2040-parts.com

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

The future of headlamp techonology – see it on video

By Richard Yarrow Motor Industry 27 May 2009 10:12 Cars of the future will drive at night with main-beam headlamps on all the time, but never dazzle another vehicle. That’s the vision of American component firm Gentex, which already makes the auto-dipping lights on the current BMW 7-series. Its engineers are working on a new technology called Dynamic Forward Lighting (DFL) which features a single main beam that floods the road with light.

Insurance group lists its Top Safety Picks

After increasing its standards for 2011 models, the Insurance Institute for Highway Safety says that 66 vehicles--more than double the 2010 total--rate as best in the industry at protecting passengers from front, side, rollover and rear crashes. Only 27 vehicles qualified last year after the group, funded by the insurance industry, required that vehicles pass a roof-strength test to earn a good rating, claiming that stronger roofs would reduce the risk of serious or fatal injury by 50 percent in a rollover accident. The most mentioned carmakers on the 2011 list are Hyundai/Kia and Volkswagen/Audi, both with nine vehicles to get the Top Safety Pick designation.