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The company plans to deliver its first Karma roadster early next year. It is getting $528 million in low-interest, government-guaranteed loans to refine its plug-in hybrid-drive system, originally developed by its partner Quantum Technology of Irvine, Calif., with grants from the U.S. Department of Defense. Using...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

Retooling is not impossible. Germany's Volkswagen is converting part of a car-engine plant to produce "green" electrical generators. And if you buy into the great Asian growth story, then there is a chance that spending by wealthier consumers in countries like China and India can offset at least...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

Ford clearly wants to improve its standing. On Sept. 23, CEO Alan Mulally was in New Delhi to unveil a new four-door hatchback called the Figo that is aimed squarely at India and neighboring South Asian countries. Designed by Indian engineers on the Fiesta platform, the new small car...

Author: /time Magazine | Title: With the Figo, Ford Tries to Crash India's Car Market | 10/1/2009 | See Source »

• In 2002, he traveled the country in a bright yellow bus dubbed the Guidomobile to campaign. That same year, he painted the soles of his shoes in the party's trademark yellow with the number 18 to show what share of the vote he targeted, though he ended up...

Author: /time Magazine | Title: Guido Westerwelle: Angela Merkel's Unlikely Partner | 9/30/2009 | See Source »

Google Adwords, the popular search company’s flagship advertising arm that matches online advertisers with related websites, is drawing flak from Business School Professor Ben G. Edelman for business practices he says deprive advertisers of basic rights. In a report published last Monday, Edelman outlines what he considers...

Author: By Kerry K. Clark, CONTRIBUTING WRITER | Title: Prof. Defends Online Advertisers’ Rights | 9/25/2009 | See Source »

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