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“Black box” drivers hit by speeding fines from insurers

Black box insurance is nothing new. In fact, the scheme – in which a small black box is placed in your vehicle to monitor how you drive – has been around for nearly a decade. In principle, it promises lower insurance premiums.

Lotus not liquidating

When a storied car brand moves only 137 units in a year in the UK and 242 in the US, predictions of said marque's demise carry a certain amount of weight -- 137 is not exactly a number that makes an automaker too big to fail. When the manufacturer in question shows up on a government list of companies to be shut down, brand-enthusiast hearts get heavy; the early stages of mourning kick in. But when the company in question is Lotus, the enthusiast thinks to himself, “Eh, they've been in dire straits before.

Electric-car guru Tom Gage steps down from AC Propulsion

Electric-car innovator Tom Gage resigned the morning of Oct. 5 from California company AC Propulsion, Autoweek has learned. Gage, the now-former CEO, joined the company in 1996, several years after its founding, and has become its public face and a widely used resource on electric cars.