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Hyundai incentive includes job loss insurance

During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.

Tesla is ridiculously successful, so far

Several Tesla Model S sedans catch fire, company co-founder Elon Musk blames the media, Tesla stock prices rise. Tesla cars are the subject of a recall, Musk blames the word “recall,” Tesla stock soars. Tesla posts what it calls profits but what everyone else views as losses, stock price shoots to $250 a share.

Volvo’s self-parking car will park your Volvo for you

Volvo’s self-parking car will do parking for you It’s rapidly getting to the point where drivers will need to do little more than be in the car to ‘drive’ it, with technology taking away control of tasks like parking. But a new technology from Volvo means you don’t even need to be in the car to park it. Volvo has been working on an autonomous parking that uses Vehicle 2 Infrastructure technology – which is basically sensors built in to the road – where the sensors guide the car to a vacant space.