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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

did in 2009, resulting in a significant decline in vehicle production, Fitch could switch the rating to Negative. million light vehicles, corresponding to 2009 recessionary sales volumes. million units, will remain well below the industry annual sales level of approximately 17 million units seen from 1999 through 2006.

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Will CARB’s New Rules Damage EV Startups?

Revenge of the Electric Car

By Robert Gammon January 14, 2009. The new proposed rules also appear to contradict the board’s own recent attempts to curtail greenhouse gas emissions in the wake of a groundbreaking global warming law signed by the governor in 2006. The award-winning 2006 documentary Who Killed the Electric Car?

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GM on the brink…

Revenge of the Electric Car

DETROIT — The rapidly deteriorating finances of General Motors are forcing the federal government to decide whether to bail out the largest American automaker or face the prospect that it might go bankrupt. But the Bush administration, thus far, has balked at providing any additional financing. said it lost $4.2

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