Word: detroiters
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...Having more than weathered the dreadfully bad 2008, Subaru officials aren't planning on lowering sales this year. At Detroit's North American International Auto Show, Subaru unveiled a concept car that will likely evolve into a midsize sedan version of its Legacy. And on a broader note, Doll says that more available credit and Barack Obama's stimulus package should get additional buyers into showrooms. Of course, if all else fails, there are always those folks who bought an Outback 7.3 years ago - and are ready to return...
Last summer, a judge sent the former mayor of Detroit, Kwame Kilpatrick, to jail for violating his bail. How was that case different from Madoff's? In that case, Kilpatrick traveled to Canada. International travel is about the most threatening thing a defendant can do to raise a judge's inference that he is a risk for flight. So that really raised the radar of the judge. What's more, Kilpatrick got the order not to travel out of the Detroit area in his criminal case. In this case, the order that Madoff was accused of violating...
...time, though, it's the automotive industry, hoping for the kind of lifestyle change that can bring car sales back from the dead. All three major U.S. auto companies have been working on plans for electric cars, and debuted some prototypes at the North American International Auto Show in Detroit this week. Ford announced that it hopes to have an all-electric vehicle, which would be able run for 100 miles on a single charge, on sale by 2011. Chastened by their collapsing sales and sustained by infusions of bailout cash, GM, Chrysler and Ford need to come up with...
Later incarnations of the electric car, such as the Detroit Electric, were more attractive than gas-powered versions because they didn't backfire. Before her husband Henry's mass production of gas-powered cars crushed the electric industry, Clara Ford drove a 1914 Detroit Electric, which could last 80 miles without a charge...
...sissies. That may be true, but Toyota (TM) has sold more than one million of its Prius models worldwide. Honda is not far behind with its less expensive models. The Big Three could not fit all their electric and ethanol-powered cars onto the showroom floor at the Detroit Car Show...