Here's a fun concept car you'll probably never see in real life, but that's how it goes in the auto industry. This car is a little different than normal concept cars, however – it's a toy, albeit life-size: [youtube=http://www.youtube.com/watch?v=aIwwECJF5b0&w=750&h=422&rel=0] This model was first presented at the 2012 Tokyo Toy Show, and the idea is to get kids … [Read more...]
Fiat CEO doesn’t want you to buy an electric car
Chief Executive Sergio Marchionne stated at a conference at the Brookings Institution, Washington, that Fiat loses money on their 500e model and he hopes people won't buy the car. "I will sell the (minimum) of what I need to sell and not one more." (Sergio Marchionne) Marchionne said Tesla Motors Inc was the only company making money on electric cars and that was because of … [Read more...]