Price vs. fuel savings for Chevy Volt debated
BY KATIE MERX
FREE PRESS BUSINESS WRITER
The average U.S. driver of a Chevrolet Volt is expected to save $1,500 to $2,000 a year on fuel, compared with today’s compact cars and about $1,000 a year compared with a Toyota Prius hybrid.
But the debate continues over how much consumers [...]
Saturday, September 20, 2008
Pending loans boost stocks
GM draws on credit for $3.5 billion more
Deb Price and Bryce G. Hoffman / The Detroit News
WASHINGTON — As optimism grew on Wall Street that $25 billion in low-cost loans for the auto industry would be funded following the federal government’s decision to bail out the banking industry, parts [...]
S&P puts AutoNation on credit watch
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Chrissie Thompson
Automotive News | September 19, 2008 – 4:07 pm EST
Standard & Poor’s has put the nation’s top dealership group on credit watch, citing the U.S. economy and falling auto sales.
AutoNation Inc., of Fort Lauderdale, Fla., has a BBB- investment grade from S&P, one step above a junk corporate [...]
The Air Car Blows Back Into the Picture
By Jim Motavalli
Fact or fiction: Zero Pollution Motors plans to start building its air-powered car by 2011
at the latest. (Zero Pollution Motors)
In 2000, I wrote about Motor Development International, a European company that had developed 2-cylinder cars that could run on tanks of compressed air.
Guy Nègre, a French [...]
