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University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. Rob Kleinbaum. mpg) and 50% (40.4

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Story of TESLA Motors: Beginning, Fight, Survival, and Success

Get Electric Vehicle

Would it be wrong if I said that the history of the automobile industry has been divided into two parts, before Tesla and after Tesla , some might argue that I understand? Musk Joining The Venture (2004). million dollars in the year 2004 and got to be the chairman of the board of directors. Story Of Tesla, Inc.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Several dozen prototypes on 15-passenger van since 2004; now in second generation development; no production plans. Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ).

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