Headlines for Saturday, May 12, 2012

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MARK RECHTIN :

Fisker fires back, rebuts expert's theory on garage blaze

On Thursday, EV expert Jon Bereisa suggested to me that the Fisker Karma's cramped engine-bay packaging could have created conditions that led to a Texas garage fire that destroyed an owner's Karma. Read More »

Porsche drops plan for entry-level model, CEO says

Porsche has dropped plans to build a two-seat vehicle that would have been smaller and cheaper than its Boxster model, CEO Matthias Mueller told a German newspaper. Read More »

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Daimler, BMW vie for car-sharing lead in German capital

Daimler is flooding Berlin with Smart cars to claim a greater share of Europe's burgeoning rent-by-the-minute urban auto market. Read More »

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China automakers look overseas as local slowdown frees capacity

Ramped-up capacity by Chinese automakers during the heady days of 30-50 percent annual growth has bumped headlong into a domestic slowdown, and indigenous firms are now seeking buyers in far-flung corners of the world -- from Egypt to Ukraine to Indonesia. Read More »

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