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Coda EV startup files for bankruptcy

Electric-car startup Coda Holdings Inc. filed for Chapter 11 bankruptcy Tuesday after producing just 100 of its EV sedans, according to a report from Reuters. Coda filed with U.S.

Cash-for-guzzlers funds will run out before Nov. 1, dealer group warns

The cash-for-guzzlers program will run out of its $1 billion funding "well before" its Nov. 1 expiration date, a spokesman for the National Automobile Dealers Association said Thursday, after the government said dealers have already applied for 10 percent of the funds. As of 4 p.m.

New Mercedes SLK 55 AMG (2012) blasts in

The new Mercedes SLK 55 AMG arrives ahead of Frankfurt Just last week we had the first diesel SLK arrive, promising a new era of fun and frugal Mercedes roadster goodness – but with an oil-burner. But now we’ve got the ‘Daddy’ SLK, the new 2012 Mercedes SLK 55 AMG, revealed ahead of its debut at Frankfurt next month. Really, however much we may admire the SLK diesel – and think it a damn fine road for Mercedes to go in our eco-obsessed world – it’s the new SLK 55 that incites real lust.