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Agreement reached on sale of Saab

Green Cars News

The restructuring of the auto industry following the collapse of General Motors and Chrysler continued yesterday when GM confirmed it had signed a stock purchase agreement with Koenigsegg Group AB for the sale of 100 per cent of the shares of Saab Automobile AB.

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China on track for 12million vehicles

Green Cars News

This has been prompted by the government’s stimulus plan for the auto industry which has boosted domestic demand and ensured industry growth. Now sales of China’s domestically produced automobiles have totalled 1.09million units in July alone – that’s up 63.57 Tags: Cars Green cars Latest news.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

It can do this with little disruption to the way homes and industry purchase and use energy today. In the past the auto industry has responded to incentives and guidelines set by government agencies and reengineered their product to meet this requirement. We can set a goal to have every new vehicle purchased be a PHEV.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

.” – March 10, via Green Car Reports. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura. Dave Gardener, Sales Chief – Honda of America. – March 15, Green Car Reports. Kia EV6 | Source: Kia.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

30 mpg is nice, but it took them 20 years to get there, while the Hondas and Toyotas of the world have been quietly churning out great cars that great mileage for years, not to mention every GM vehicle Ive owned is a pile of garbage, including my current one. Ill never purchase one again, no matter what the mpgs. Let them go bankrupt.

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