GM officials diverted the Volt en route to this week’s 2008 Los Angeles Auto Show, and although the car isn’t yet operating on electric plug-in power, the showcar’s exterior and interior are cosmetically correct. GM officials said that although there are Volt powertrain mules testing in the United States, this is the only car in [...]

While showing off Chrysler’s electric vehicles at the Rose Bowl last Friday, ENVI head Lou Rhodes (driving an electric Dodge eV concept car) and Doug Quigley of engineering (in the Challenger SRT8), raced down the Pasadena stadium’s massive parking lot. You can see the video. Source: allpar

Cerberus Capital Management LP, wading into the politics of a U.S. auto-industry bailout, would give up any profit on a future sale of Chrysler LLC should the company receive federal financial aid. Chrysler also expects the U.S. government to take a stake in the company in any rescue, CEO Bob Nardelli said yesterday. Federal backing [...]

With Congress set to consider a $25-billion lifeline to the domestic auto industry, the heads of General Motors Corp., Ford Motor Co., Chrysler LLC and the United Auto Workers will be called to Capitol Hill next week to explain why the money is needed and how it will be used to keep the industry alive. [...]

A while back we reported that the Dodge EV had a good chance of being the vehicle that Chrysler puts into production in 2010.  Eventually all three will be in production, but only one of them will get there in 2010, the others will be a bit further off.  We’re now seeing reports that the [...]

Delphi Corp. reported Monday that it’s third-quarter was profitable to the tune of $5.2 billion.  The profit is due partly to a settlement and restructuring with General Motors Corp.  With third quarter last year reporting a loss of $1.2 billion the profit is a welcome change. Analysts warn though that the profit could be something [...]

A few days ago the leaders of the three Detroit automakers sat down with Democratic leaders to discuss their dire situation.  It seems that they’ve done what they intended to do.  The leaders sent a letter to the treasury asking it to use part of the 700 billion bailout for financial institutions to help out [...]

Earlier today there were erroneous reports that the Volt was going to have its budget cut and staff laid off.  The reasoning behind the report suggests that with gas prices down people won’t want uncool small cars that get good mileage.  GM could again put some advertising money and some R&D money into their SUV/truck [...]

GM is moving forward with investment in a range of electric vehicles beyond its Chevy Volt even as the automaker slashes spending in other areas, sources with knowledge of the plan said. The Volt and other electric vehicles that will be powered by batteries are key to GM’s effort to reinvent itself at a time [...]

For that guy elected yesterday, a puzzle is how Detroit’s auto makers should be reshaped by the hand of government — with a taxpayer bailout or by letting bankruptcy judges take charge? Both fixes have their fans, yet neither would really solve the industry’s essential problem. Here’s a better idea, one you haven’t heard before, [...]