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Subaru recalls 275,000 Foresters for seatbelt fix

Subaru will recall certain Forester models produced in model years 2009-11. About 275,000 of the small SUVs could be affected by a problem with the automatic locking retractor in the seatbelt assembly. In the recall announcement, Subaru says the assemblies do not meet federal motor-vehicle safety standards for occupant crash protection.

Cadillac ConverJ unveiled at Detroit auto show 2009

By Tim Pollard Motor Shows 12 January 2009 14:29 GM came out fighting with new product in tune with the times at the Detroit auto show 2009. The Cadillac ConverJ is an electric-powered limousine not seen until press day, harnessing the same plug-in hybrid tech as the Chevy Volt. GM product overlord and everyone’s favourite sound-bite merchant Bob Lutz said the Volt’s drivetrain had been renamed the Voltec system and it was this lithium-ion battery set-up that underpinned the ConverJ concept car.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.