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EV battery maker A123 files for bankruptcy
Tue, 16 Oct 2012Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.
Next Hyundai Genesis partially revealed in spy shots
Thu, 27 Jun 2013Thanks to an Autoweek reader, spy shots of the next Hyundai Genesis sedan found their way into our inbox this morning. The big four door was heavily camouflaged at rainy O'Hare Airport, but we can definitely see the winged Genesis logo on the wheels and the interior is Hyundai all the way. The front end looks blockier than the outgoing model, similar to the HCD-14 concept we saw at the Detroit auto show.
Sources: GM in talks with two potential buyers of Hummer
Thu, 12 Feb 2009General Motors is in talks with two potential buyers of its Hummer brand as the automaker continues to sell assets to raise cash, said two sources familiar with the matter. The negotiations are with a private-equity firm and a Chinese company, said the sources, who declined to be named. The sources declined to name the potential buyers because the effort is private.