President Obama will file GM for bankruptcy on Monday as the U.S. government takes control of 60% of the failing automaker while the Canadian government takes 12%. This weekend saw the final step toward bankruptcy made when the majority of GM bondholders decided to forgo disputing the filing in court and to accept trading their [...]

Telsa Motors issued a recall notice on Thursday called “Tesla To Do House Calls.” These house calls involve the Tesla technicians to the 345 owners of the now-infamous Tesla Roadsters to check whether their “rear, inner hub flange bolts” are properly torqued. All the Roadsters built before April 22, 2009 needs to have its engine [...]

Bankruptcy is all but a forgone conclusion for GM next week. Since the government would then own about 70% of GM, the question presents itself, will the government scrap the Chevy Volt? The Wall Street Journal recently did an examination of whether the government would scrap the Volt, and found that since it’s not in [...]

Andrew S. Ross, writing for the San Francisco Gate, recently wrote an article that made an compelling observation. Based on the 9% stake that Daimler purchased for $50 million, Tesla’s valuation is about $550 million. That’s about half of General Motor’s market valuation ($1.17 billion) with their share at $1.92. The most recent price for [...]

As part of a larger plan to make one of the most bustling and traffic-plague city’s in the world a greener place to live (with less congestion issues), New York City’s Department of Transportation has banned cars from parts of Broadway at Times Square and at Herald Square. Transportation Commissioner Janette Sadik-Khan says her department [...]

Beijing, China has recently announced that they are implementing new rules that will see all vehicles banned from that city center except for those the government deems to be “green vehicles”. The new policy is designed to reduce traffic congestion and improve air quality in the highly polluted Beijing city center. All vehicles will be [...]

Bob Lutz of General Motors shows off the new Chevy Volt on The Late Show with David Letterman on Wednesday night. Lutz told Letterman that the Volt can travel 40 miles on a single charge of its batteries, but that its gasoline engine recharges the car’s battery after that, for a range of about 400 [...]

Ford bought a little extra advertising tonight when they gave American Idol finalists Adam Lambert and Kris Allen each a new 2009 Ford Fusion hybrid. Acting on behalf of Ford, last year’s American Idol winner David Cook handed off the keys to the happy contestants. Kris Allen was particularly grateful as he said that he [...]

President Obama has made it official. The United States fuel economy standards are being increased starting in 2012, which edges up the current standards by 5% a year to a fleet average of 35.5 MPG in 2016. This makes the CAFE law passed by Congress in 2007 – which required new vehicles an average fuel [...]

The New York Times is reporting that the Obama Administration is planning to announce a new set of CAFE standards tomorrow, which will enforce stricter regualtions for vehicle mileage on a federal level. The plan is expected to combine California’s toughest emission regulations with federal law. This will see the national fleet mileage moved up [...]