When quality standards appeared to slip for Subaru, we asked if perhaps the small but rapidly growing Japanese brand was threatening to “fly too close to the sun.” Since 2008, General Motors has continuously adjusted course to bring its business back to basics and avoid the allure of owning far-reaching—but ultimately unprofitable—brands. The latest departure from GM’s portfolio: Opel and Vauxhall (its entire European operations) have been sold to French conglomerate Groupe PSA, formerly PSA Peugeot Citroën. Continue reading >>>
The Tesla that couldn’t move.
The Fisker fires.
The A123 bankruptcy.
The CODA Automotive layoffs.
It’s been a rough end to 2012 for the U.S. electric vehicle industry, but all hope is not lost. Maybe Chinese companies can step in and take some ownership in an effort to right what sometimes looks like a quickly sinking ship.