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Two days after a Congressional hearing about a US Department of Energy loan to Fisker Automotive, Bob Lutz wrote a column pondering what should be done to stop the financial hemorrhaging at the company that builds – well, used to build – the Karma extended-range sports car. When Lutz ...
When U.S. Secretary of Transportation Ray LaHood opened the Detroit Auto Show last week and said that the Chevrolet Volt was, "obviously the kind of green car Americans are looking for," it was a slightly self-serving statement. After all, the government that LaHood works for owns a large share ...
Click above for a high res gallery of the 2011 Chevy VoltShortly after Chrysler submitted its updated restructuring plan to Congress, General Motors followed suit with its own document that is supposed to detail a return to sustainable profitability within the next 24 months. As you'd expect, ...