Study Finds EV Battery’s Price Drops 70% by 2025
Good news for automakers and consumers hoping that Electric Vehicles can be a solution to our future energy needs. A study by consulting firm McKinsey says a cheaper price is on the horizon.
While this is an uncommon sight now, it could be very normal in 10-15 years.
Changes to Ram HDs Cummins Diesel?
Rumors are circulating that the next generation Cummins turbo-diesel will move toward a less-expensive, industry-standard technology. This change will remove a competitive edge that certain Ram HD pickups enjoy.
Rumors are swirling about the next generation Cummins diesel and how it will impact Ram HD pickup sales.
The Final News, No Mahindra Diesel Pickup for US Market Ever
Years of planning and $100 million dollars later, it is for naught as the Indian manufacture Mahindra announced it is never going to bring the small, diesel pickup to the U.S. The death of the pickup is really a story about the EPA’s stringent rules, poor business relationships and a vision that never had a chance to succeed.
Plans to build a US version of the Mahindra compact diesel pickup appears to be all but dead.
Unfair Advantage – Treasury Department Still Owns GM
There has been a lot of news lately in regards to the Governments involvement in General Motors and the bailouts of the auto industry. China has claimed unfair trade practices and have increased tariffs on imports. Plus, there have been calls during the 2012 presidential race for the Treasury Department to sell all the shares it owns. What should the Obama Administration do?
A big controversy a few years ago, the U.S. Government's ownership of General Motors is fueling some presidential race debate.
Ford Botches Accelerator Cable Fix
About four years prior to the Toyota unintended acceleration hoax captured the nation’s attention, Ford recalled 470,000 2002-2004 Escape crossovers to fix an accelerator cable that tended to get stuck. Yet, it seems the fix created another problem that could cause an “unintended acceleration” issue.
The Center for Auto Safety is accusing Ford of botching a recall on 2002-2004 Ford Escapes by creating a new problem.
