Browsing the "Detroit" Tag

The Chevy Volt: Coming Soon to a Dealership Near You

January 21st, 2009 | by Lisa Wojnovich

Last week at the Detroit auto show, new, battery-powered, green cars reigned supreme. General Motors announced finalized plans for its Chevrolet Volt, which will be on the market in both fully electric and plug-in hybrid forms by late 2010. LG Chem, a South Korean company, won the much anticipated contract to manufacture the Volt’s lithium-ion batteries, beating out several other contenders, including Massachusetts’s A123Systems and Germany’s Continental

Auto Bailout Creates Uplift in Monday’s Stock Market

December 8th, 2008 | by Brenda Keener

Although many valid arguments have been put forth that the bailout of US automakers is not a positive move - Wall Street appears to think otherwise. Today's stock market is showing an early rally with all major indices up.

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