Word: auto
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Dates: during 2000-2009
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GRAND THEFT AUTO IV fails to boost console sales. Carjackings doing just fine, though...
Which helps explain why the financially distraught are searching high and low for help. Larry Stopczynski, a retired auto engineer in Michigan, has seen the value of his home drop by more than $100,000; he now owes more in mortgage payments than the house is worth. So two months ago, he paid Short Refi Me $1,495 to try to get his banks to agree to be paid off by a new mortgage, based on a current appraisal. If it works, Stopczynski will also pay the San Diego company 1% of the new-loan value...
...running your car on gasoline, you could run it on pure electricity? Not only would that help the environment - one-third of U.S. carbon emissions come from cars and trucks - but in an era of ever-increasing gas prices, it would help your wallet as well. Unfortunately, the auto industry has consistently failed to build and sell a truly marketable electric car. They were either too expensive or too weak on the road - or too often both; and back in those halcyon days when our chief climate fear was a new ice age, low gas prices made electric cars unnecessary...
...price seems a bit too steep. And while the car might work around a small neighborhood, or a dense city like New York, Americans increasingly commute longer and longer distances - an electric car will only work if it can drive the way a gas-powered vehicle can. No auto company has achieved that yet, but the good news is that after years of ignoring electric car research, almost every major manufacturer has a crash electric program. Two of the most promising come from the two biggest car companies in the world, General Motors and Toyota. Both are working hard...
...lightweight commuter car. The moment of inspiration came in June 2004: the launch of SpaceShipOne. The SpaceShipOne team had access to high-tech tools that enabled the building and design of a rocket for only $25 million--cheap by NASA standards. Could the same tools be applied to the auto industry? "The way cars are designed, half the energy they need is just to push the air out of the way," Fambro explains. "What if you changed the styling to make the drag of a car nearly equal to zero...