Was it GM and Chrysler’s failure to fully address Obama’s environmental plans for the auto industry that prevented further bailout funds? Both Chrysler and GM had submitted plans detailing how they’d use the funding to help salvage their companies, however both  sets of plans were deemed “not viable.” Reportedly, among their reasons was that neither [...]

The U.S. federal government announced today that the much-hyped Chevy Volt will not be enough to save General Motors. While this may seem obvious to some, the fact is that the Volt has been touted as GM’s last chance at economic viability. GM has recently cut the development budget of all its vehicles except for [...]

General Motors CEO Rick Wagoner will leave his gig with a $20 million retirement package – a sweet, sweet deal. After Obama called for the resignation of Wagoner as part of its restructuring of the auto industry, according to the documents reviewed by ABC News, although the Treasury Department has barred GM from paying severance [...]

The much-anticipated Tesla Model S was officially unveiled yesterday in Hawthorne, California. The electric sedan was produced in relative secrecy (except for a few leaked Model S pictures the day before the big reveal), as it was designed and built in a high-security rocket facility. The Tesla Model S anticipated price is set at $57,000 [...]

The American Idol kids revealed their latest Ford commercial tonight and good news for hybrids – they were promoting the 2010 Ford Fusion Hyrbid. Megan Joy, Adam Lambert, Lil Rounds, Anoop, ect. all sang “Pocket Full of Sunshine” around the sexy green Ford Escape Hybrid and Ford Fusion Hybrid. The folks over at American Idol [...]

Tesla’s big reveal of their Model S electric sedan lost a bit of its thunder today after Kevin Rose, founder of Digg.com, uploaded some pictures of the Model S to his Flickr page. As our friends at Autoblog Green points out, the Model S bears a strong resemblance to contemporary Jaguars and Aston Martins. But [...]

Take a look at the new face of awesome. The Mercedes-Benz F-CELL Roadster brings us back to our horse and buggy roots, minus the smelly horses. With a joystick control, fiberglass body and nifty hydrogen-electric fuel-cell power, we can’t help but salivate over how freakin’ cool this thing looks. The buggy has rid itself of [...]

California Governator Arnold Schwarzenegger is covertly trying to get rid of his Tesla Roadster. There’s nothing wrong with the car – but the sheer mass of Arnie is giving him grief. Yes, you read correctly. Arnold is having trouble getting in and out of his sporty, all-electric vehicle and is hoping to quietly return it [...]

In its latest bid to raise enough funds to build 10,000 electric cars by 2012, Daimler has sold off $2.7 billion worth of its shares to the Abu Dhabi government. This isn’t an unusual move for Abu Dhabi companies. They have already invested in eco-friendly vehicles with Zap and Lotus. Nor is this an unusual [...]

Kia has jumped on the hybrid bandwagon. Can we get a hoo raah? Kia introduced its first mass production hybrid model, the Forte LPI hybrid, in South Korea. The Forte LPI Hybrid uses the same hybrid system launched last year in the Hyundai Elantra, using a 1.6L liquefied petroleum gas engine, which produces 114 horsepower. [...]