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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As previously announced, ASMC is continuing to market and sell its remaining US automobile inventory through its national network of automotive dealers. Earlier post.)

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The CARS Rule establishes clear rules of the road that apply to all car dealers – meaning that consumers will be able to comparison shop based on truthful claims about price, financing, and service. This includes things like price, financing options, and fees. The new rules (if we can call them that) can be broken down into four parts.

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Lotus and Harmon partner up to add sound to hybrids

Tony Karrer Delicious EVdriven

Other than sports car wanna-bes, modern cars are so quiet that you hear tire/wind noise much more than engines. New York 2009: Mercedes E250 Bluetec concept would get 28/39 city/hwy rating Breaking - Zero Motorcycles unveils the Zero S [w/Video] GM and Segways PUMA live reveal Hyundai to offer plug-in hybrid in U.S.

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

Tony Karrer Delicious EVdriven

If our country is going to spend money like a drunk sailor we should have spent it on building renewable energy power plants like Wind and Geothermal. Denmark did that with Wind Power and now most of their energy comes from wind rather than oil, natural gas, or coal. We are facing a big problem with global warming. Never again.

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