Jeremy Anwyl News
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The possible bankruptcy of Fisker Automotive Inc., which last week fired three-quarters of its workforce, is the latest blow to President Barack Obama’s goal of having 1 million electric vehicles on U.S. roads by 2015.
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Audi AG customers in Europe will be able for another $3,000 to buy A8 sedans with headlights that see around corners and illuminate more space without blinding oncoming motorists.
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General Motors Co., taking steps to head off a potential backlash against the Chevrolet Volt, offered free loaner vehicles to buyers of the plug-in hybrid while it works with U.S. regulators to prevent battery fires.
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Toyota Motor Corp. survived a massive recall two years ago and the effects of Japan’s tsunami last year. Now the company faces an unprecedented rush of competitors for its franchise car, the Camry family sedan.
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General Motors Co.’s Chevrolet Volt missed its U.S. sales target of 10,000 cars in 2011, the company said. Chevy dealers sold 1,529 of the plug-in hybrids last month, leaving the brand 2,329 shy of its goal.
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Mark Reuss remembers the day, 20 years ago, when his father’s career was blindsided. Reuss had a tuxedo hanging in his car to wear that night to a long-planned event honoring his father’s 35-year career at General Motors Corp. when his mother called.
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When General Motors Co. announced plans in June 2008 to build the Chevrolet Volt plug-in hybrid, executives called it a “moon shot” intended to rocket past Toyota Motor Corp. in technology leadership. Now the car is a flash-point for concern.
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U.S. regulators, who ended their investigation yesterday into the Chevrolet Volt, said electric- powered vehicles do not pose a greater risk of fire than gasoline cars.
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General Motors Co. is offering buyers interest-free financing on some 2011 models after the company increased discounts and incentives to lead all major automakers’ U.S. sales gains last month.
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General Motors Co., maker of the Chevrolet Volt plug-in hybrid sedan, plans to sell an electric version of the Chevrolet Spark subcompact car in the U.S.
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