What did one regulator say to the other regulator? Quit closing businesses and eliminating jobs while we're trying to get the economy going again! Yes,
a TARP official said this week that the Obama administration didn't help things by closing auto dealerships as part of the GM and Chrysler bankruptcy right when the U.S. economy was in the doldrums.
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| X-Prize competitor from Edison2 |
To assuage concerns about battery life in the coming
Volt extended-range electric vehicle, GM's Chevrolet said it will offer an 8-year, 100,000 mile warranty for the battery pack. That may have prompted
Nissan to ask interested Leaf buyers how much warranty they need to close the deal. Nissan also said it might sell an
electric sports car based on the Leaf powertrain.
Also,
Honda is planning to bring a battery-electric vehicle and a new plug-in hybrid vehicle to the U.S. market in 2012.
The automotive X-Prize wrapped up the road trials this week, but the winner, if any hit the 100-mpge target -- is still months away from being declared.
In tech news,
Yale is developing a vibrating seat that would alert drivers to potential hazards.
Subaru will offer in-car WiFi - with service - as a dealer installed option that could be a the first step in shaking up the way people think about mobile internet.
Finally, Mercedes-Benz has developed a ridiculous 9-speed transmission to assist in its quest to reduce fuel use and vehicle emissions.
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