Word: volkswagen
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There are probably fewer than 1,500 plug-in electric vehicles on the road today, most in carefully controlled experimental fleets. But over the next 18 months, the number will grow exponentially as automakers like General Motors, Nissan, Ford, Volkswagen and Toyota roll out models that use electricity for all or part of the car's energy. President Obama has suggested that the U.S. could have as many as 1 million plug-in vehicles on the road by 2015. (See the 50 worst cars of all time...
...ethnic violence that wracked the country following the December 2007 presidential election, killing 1,100 people. In fact, Kenya's leaders have spent more time in recent months discussing whether they should comply with orders to turn in their gas-guzzling government-issued Mercedes Benzes for more fuel-efficient Volkswagen Passats and the shocking - by Kenyan standards - news that two Kenyan men had gotten married in Britain in October...
...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 some of the decreased demand in the West. HSBC economist Frederic Neumann said in a September report that some Asian manufacturers have gained back the power to raise prices, implying that the impact of excess capacity in the region might not be as severe as some fear. "What...
...segment is getting crowded. Toyota, Volkswagen, GM and Nissan are expected to roll out small cars in India over the next two years. Suzuki India, king of the tiny automobile, is investing $2.28 billion in the country over the next five years to upgrade factories and strengthen distribution for a raft of new models. Even GM on Sept. 24 announced an unusual collaboration with Bangalore's Reva Electric Car, makers of the G-Wiz, to produce small, affordable electric vehicles for India. Mulally said recently that India would play a big role in accelerating Ford's presence in the Asia...
...Yourself,” Damián Ortega’s new exhibition at the Institute of Contemporary Art, is so densely packed that at first its full scale can be difficult to grasp. Between the disassembled and suspended 1989 Volkswagen Beetle, the revolving tower of oil barrels, and the clump of leather ribbons hanging from the ceiling by meat hooks, every one of these larger than life installation pieces seems to be wrestling for attention. Although Damián Ortega now lives in Berlin, Germany, his roots in Mexico City remain a strong influence on his work...