You’ve come a long way baby So, GM repaid the final $5.8 billion owed in government bailout loans. That’s great. Of course, it might have been a bit nicer had GM returned the people’s money with actual profits, rather than a government escrow account, but the perception of Government Motors is undoubtedly holding GM back. Paying [...] [...]
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Citroen’s Chinese hybrid Yesterday, I flipped on CNBC and caught the end of Jim Cramer commenting on recent Chinese energy moves, during which Cramer roughly remarked that China doesn’t care about next quarter’s profits. Communists don’t think in quarters, he said, instead they think multi-year. Likewise, Cramer claimed that China is making moves based on 2020 [...] [...] Nissan began yesterday to take reservations for the Nissan Leaf—the first mass-market all-electric car to hit the market since GM’s EV1 was canceled in 2003. A list of approximately 100,000 pre-registered interested buyers received an email, notifying them that the reservation website was ready to take orders. The reservations, which require a refundable [...] [...] Only for large scale storage I’ve been following a story on Hitachi lithium magnesium batteries for the last week or two. When I originally read about this breakthrough, I was a bit skeptical. Just days earlier, I had learned that Hitachi desperately needed to derive new sources of revenue, so I suspected this claim of doubling [...] [...] Dumping big A new survey demonstrates that 53 percent of new car buyers will buy a more fuel efficient vehicle than their current model, while 54 percent are willing to downsize their vehicle choice. Likewise, 78 percent of respondents believe alternative vehicles are not a temporary fad, and 34 percent are considering an alternative vehicle as [...] [...] A new hybrid-only model from Hyundai will use the same dimensions and packaging as the Hyundai Blue Will plug-in hybrid concept. Hyundai is working on a new hybrid-only model to directly compete against the Toyota Prius. “We are studying a dedicated Prius-fighter vehicle, meaning a hybrid-specific nameplate that isn’t based off a Sonata or a Santa [...] [...] |
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