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Proposed M1 Concourse car condos a country club for car buffs

Brad Oleshansky's a "car fanatic" who spends time cruising Detroit's Woodward Avenue, getting shooed out of parking lots by business owners. He sought a space conducive to show and work on cars. "I tried to envision a project where we could capture that whole scene in one destination," he said.

GM stokes El Camino gossip . . . again

Let the rumors of a new U.S.-market El Camino begin to swirl once again. It was Mark Reuss, president of GM North America, who opened the floodgates, commenting to www.drive.com.au, an Australian car site. “I've lived in Australia, and I've seen where fuel prices are $5 a gallon,” Reuss said.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.