Breaking news tonight,
General Motors has filed a 734-page document detailing its plans for an initial public offering of stock that would allow the
U.S. government to begin selling some of its 61% stake in the auto maker. Also looking to eventually sell, the Canadian government and the United Auto Workers. Deal Journal has a great post on
GM by the numbers showing how different the "new" GM is compared with the "old" GM that went bankrupt.
Perhaps GM's stock will benefit from the good
feeling that U.S. consumers are feeling toward U.S. brands in general, according to a new survey. Perhaps Ford can even keep prospective
Fiesta owners happy with a $50 gift card because they have had to wait for their new cars due to shipping problems.
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| Quick charging a Nissan Leaf |
With eco-friendly drivers are charged up for all-electric vehicles to start hitting the market, electric companies are gearing up to
build fast-charging stations. Portland, Oregon, has a new station that can give a Nissan Leaf an 80% charge in 20 minutes. That will save some serious time compared with the 8+ hours for a regular wall socket. Another
time saver for Leaf owners: maintenance. No oil changes are needed, along with a host of other items combustion engines have that need tending.
Finally, Mathew had a PVI last week, that's a personal vehicular incident. A few more PVIs with the Vibe and he will be doing the
new car dance.
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