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De Tomaso assets being brokered

The De Tomaso brand and factory are up for grabs It’s true to say that the De Tomaso brand, probably the most significant of the unused Italian Supercar Marques, has been hawked round the world for years. But this document puts up some real detail, and pictures of the sad decline of a once successful (particularly in the U.S.) supercar maker. De Tomaso was, for a time, a great blend of Italian style and American muscle, but it lost its way badly many years ago and, despite a few attempts to resurrect it, De Tomaso has been off the scene for a long time now.

‘Cash-for-clunkers’ bill clears House

The “cash-for-clunkers” legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives. That moves the proposed plan closer to reality and would offer up to $4,500 in vouchers to consumers who trade in older cars for new, more fuel-efficient rides.

GM to double size of battery lab

General Motors says it will spend $8 million to double the size of its Global Battery Systems Lab, which the company claims is the largest and most technologically advanced automotive battery lab in the United States. GM says the expansion will speed up the development of hybrid and electric vehicles, such as the upcoming Chevrolet Volt, by improving on-site testing of battery cells and systems. When finished, the lab will be 30,000 square feet bigger than it is now, for a 63,000-square-foot total.