from FutureCars In brief: Norwegian electric car maker THINK has filed for bankruptcy – the fourth time in the company’s history. The word Think Global AS filed for bankruptcy in Norway after failing to recapitalize and restructure itself. This is the fourth time the company has bankrupted in its 20 years in business. The company’s spokesman [...]
Archive for the ‘Car Company’ Category
Being Government Motors Means No Tax Bill
March 5th, 2011 
Aaron Turpen As if being bailed out by the federal government, pretending to pay it back, and effectively becoming Government Motors wasn’t enough.. now GM gets to avoid paying taxes too, thanks to it’s sweetheart bailout deal. Of course, since GM is Government Motors, I guess having government pay taxes to itself is kind of redundant. On [...]
Posted in Bureaucrats Gone Wild, Car Company 
Tags: bailout, gm, government motors, taxes 
2 Comments »Begging Government For EV Cash
January 27th, 2011 Aaron Turpen Image via Wikipedia A friend sent me a link to read an essay titled “Accelerating electrification of transportation with more government dollars or a super-light electrical vehicle strategy“. It’s an “alternative” plan to the Electric Drive Transportation Association’s “Driving Forward” government beg-a-thon document. Sadly, the proponents of electric vehicles, including many of those building them, [...]
BMW’s New Paint Job On the Vision ED
December 1st, 2010 Aaron Turpen I’m a little behind on this one, since it was shown off last month. BMW’s supercar, the Vision ED, is pretty cool. I don’t think many people are going to argue with that. It’s kick ass. Except for the paint. Actually, to be honest, my only real problem with the paint are the colors. Blue [...]
Government Motors Becomes Less So, Thanks to Bush
November 18th, 2010 Aaron Turpen Well, Government Motors (GM) has gone public, opening their sorry company up for public purchase through an initial public offering (IPO). This means that private investors can now buy into the government-owned company (owned by the U.S. government to the tune of 60%). This was a big deal in the automotive media and was supposedly [...]
AutoNation to Dealers: Sell the Volt at MSRP Or Else…
August 16th, 2010 Aaron Turpen The largest new car dealership chain in the U.S., AutoNation, has informed its dealerships that they are to sell the Chevy Volt at manufacturer’s retail ($41,000) or face immediate termination. AutoNation has 27 dealerships selling Chevrolets nationally. This comes after reports that a lot of dealerships appear to be planning to make up for huge [...]
Posted in Car Company, Hybrids Tags: AutoNation, Car dealership, chevrolet, ChevroletVolt, general motors Comments Off
