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Jim Press and Chrysler clarify hybrid subsidy comments

Jim Press has found that his comments have landed him somewhere between a rock and a hard place, with his current position at Chrysler on the one hand and his former employers at Toyota on the other. In an interview with BusinessWeek, Press claimed that the Japanese government had directly subsidized the development of the Prius hybrid. Toyota spokesmen were quick to refute Press' comments, pointing out that their former executive had given statements directly to the contrary in the past, including testimony to the U.S. House of ... Read more →

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Autoblog Podcast #155: 'Twas the night before LA...

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