This is a very important editorial by Keith Crain of Crain.com that everyone should read and understand, as it truly effects everyone.
Category Archives: General Talk
Bosch will sell or close its money-losing solar energy unit
Robert Bosch said it will sell or shut down its money-losing solar energy operations, the latest blow to the industry as Germany reduces green energy subsidies and cheap Chinese imports flood the market.
Europe’s automakers worried by Japan free-trade agreement
Europe’s automakers are concerned that a proposed free-trade agreement between the European Union and Japan will benefit Japanese carmakers at their expense, industry association ACEA says.
“We are supportive of trade agreements that are equal, that offer the opportunity to export,” said ACEA General Secretary Ivan Hodac, adding that any deal was likely to favor Japanese automakers under existing conditions.
Fiat turns to Germany as Italy sales seen as worst since 1966
Fiat, faced with Italy sales that could fall to their lowest level for 47 years, is seeking to boost sales in Germany by offering steeper discounts than any other automaker there.
Detroit Electric unveils a Lotus Elise based SP:01 electric sports car
Emissions-free motoring has a new high-performance champion following the unveiling today of the Detroit Electric SP:01, a limited-edition, two-seat pure-electric sports car that sets new standards for performance and handling in the electric vehicle (EV) segment. Boasting an impressive 155 mph (249 km/h) top speed and covering the 0-62mph (0-100km/h) sprint in a blistering 3.7 seconds, the SP:01 is the world’s fastest pure-electric production car.
