AutoTech Roundup: Nissan Juke, Kia Ray Concept, Danica Patrick Wrecks Car At NASCAR Debut, Saab’s $545M Loan, Musk Flying Around In Private Jet
Nissan has released official images of the Nissan Juke. At the front of the Juke, there is six pairs of lights including head lamps, fog lights, and large round auxiliary lights. The interior is inspired by a fuel tank of a motorcycle too [CNET].
Kia Ray Concept
Below is a picture of the Kia Ray, a natural gas-powered vehicle that debuted at the Chicago Auto Show. Under the glass hood is a 153 horsepower and 1.4 liter direct-injection engine [AutoMobileBlog].
Patrick Crashes GoDaddy Car In 12 Car Pileup
In her debut at the NASCAR Nationwide race, Danica Patrick crashed the GoDaddy Chevy Impala in a 12 car pile-up.
Saab Approved For $545 Million Loan
Saab has been approved for a $545 million loan. “We are extremely pleased with the decision by the EIB as this was a crucial component in enabling the acquisition of Saab to proceed. Months of hard work have paid off, said Victor Muller, Spyker’s CEO. “We cannot wait to close this transaction now as soon as practically possible. We extend our gratitude to the EIB officials who have worked relentlessly to make this happen.” [eGMcarTech]
Musk Flying Around In Private Jet
Tesla Motors CEO Elon Musk flew his private jet to Washington D.C. over 12 times since last year according to Autospies. Some of these trips were intended to request government public financing. This is ironic because GM, Chrysler, and Ford executives were heavily criticized by members of Congress for doing the same thing. Musk flew in a Dassault Falcon 900 and landed in Washington in mid-June of 2009. Around that time is when Tesla was given a $465 million loan from the DoE. Tesla is planning to raise an additional $100 million in an IPO. [AutoSpies] This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry