Battery maker A123 Systems goes public and shares jump nearly 50 percentSeptember 24th, 2009 A123 Systems goes public with a splashInvestors snapped up shares of A123 Systems in their debut Thursday, showing a willingness to overlook millions of dollars in losses and make a bet that next-generation battery technology will propel the cars and trucks of the future. Watertown, Mass.-based A123 Systems makes lithium-ion batteries, the technology chosen to power General Motors' highly anticipated electric car, the Chevy Volt.
General Motors to increase factory output in response to increasing demand for vehiclesSeptember 22nd, 2009 General Motors to announce production increaseDETROIT — A person briefed on General Motors Co.'s plans says the automaker will announce a significant increase in factory output on Tuesday. GM spokesman Chris Lee would not comment but says the company will hold a conference call with manufacturing head Tim Lee and sales chief Mark LaNeve on Tuesday afternoon.
German government puts the pedal to the metal in race for a viable electric carAugust 19th, 2009 Germany jumps in the race for viable electric carBERLIN — Forget that they're cramped, have a limited driving range and outstrip the average consumer's pocketbook. The race is on to create a viable electric car.
Ford teams up with utilities to launch electric vehicles that can interact with power gridsAugust 18th, 2009 Ford plans vehicles to interact with power gridsDEARBORN, Mich. — Ford Motor Co.
Recovery in jobs, automaker sales key to better days for Detroit's commercial landlordsAugust 14th, 2009 Motor City's commercial property market ailingTimes are tough for U.S. commercial property owners, but few have it worse than landlords in Detroit.
General Motors to assemble Volt battery packs at Michigan plant, keep using suppliersAugust 13th, 2009 GM to assemble Volt battery packs in MichiganBROWNSTOWN TOWNSHIP, Mich. — General Motors Co.
General Motors releases details on plan to assemble Volt battery packs in southeast MichiganAugust 13th, 2009 GM releases details on Volt battery plant in Mich.BROWNSTOWN TOWNSHIP, Mich. — General Motors Co.
Obama ventures back to hard-hit Indiana, proclaims factories 'coming back to life'August 5th, 2009 Obama says Indiana 'factories coming back to life'WAKARUSA, Ind. — Trumpeting a "made in America" message, President Barack Obama on Wednesday unveiled a national investment in electric cars as the latest effort to rebuild an economy that keeps shedding jobs.
Vice president tells Mich. its $1B in advanced vehicle grants should help speed recoveryAugust 5th, 2009 Biden: Mich. to get $1B in advanced vehicle grantsDETROIT — Vice President Joe Biden said Wednesday the U.S.
AP Source: GM to assemble Volt batteries at new factory south of Detroit, creating 100 jobsJuly 17th, 2009 AP Source: GM to open battery plant near DetroitDETROIT — General Motors Corp. will assemble battery packs for its new rechargeable electric car at a facility south of Detroit, creating about 100 jobs, a person briefed on the plans said Friday.
AP Sources: GM to assemble Volt battery packs at new factory south of DetroitJuly 17th, 2009 AP Sources: GM plans battery plant near DetroitDETROIT — General Motors Corp. will assemble battery packs for its new rechargeable electric car at a facility south of Detroit, creating about 100 jobs, two people briefed on the plans said Friday.
Thunderstorms leave 100,000 without electricity in southeast MichiganJune 26th, 2009 Strong thunderstorms batter southeast MichiganHADLEY, Mich. — Severe thunderstorms have moved through southeast Michigan, leaving about 100,000 electrical customers without service.
US Rep. says General Motors could pick small-car factory site as early as this weekJune 23rd, 2009 Lawmaker: GM may pick small-car plant this weekDETROIT — A Michigan congressman says General Motors Corp. could decide as early as this week where it will build a new line of small cars.
Tesla Motors CEO says Roadster costs down, company to be profitable next monthJune 22nd, 2009 Tesla CEO says Roadster costs downNEW YORK — Tesla's CEO says that the material cost of the electric car company's Roadster has fallen to about $80,000. That's down from a previous material cost of $140,000.
State of Michigan may owe General Motors $116 million in tax refunds after court rulingApril 21st, 2009 Michigan may owe GM $116M in tax refundsLANSING, Mich. — General Motors Corp.
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