Tesla is considered by Forbes to be the world's most innovative company.
With talk of Mary Barra as one of four potential successors to Dan Akerson as CEO of General Motors, it seems like ripe time to take a step back and acknowledge the most powerful women in the auto industry. Fortune made that easy for us by compiling a top-10 list, and sitting at the top is no other than Mary Barra.
Every party has a pooper, and in this case it appears to be Forbes columnist Alex Epstein. Amid near-universal praise for the Tesla Model S electric vehicle, Epstein attempts to pop that balloon by calling the Model S a "great coal car," pointing out that about two-thirds of the world's electricity production comes from coal, natural gas and oil – and only a miniscule percentage is from renewable resources like solar and wind.
High-school students with licenses who are looking for driving gigs, rejoice! There could be more valet-parking jobs opening up – and ones that aren't just at expensive restaurants and private parties. Here's what Forbes contributor Jeff McMahon is suggesting, though we're not sure if he's being totally earnest.
Over the years, we've heard of the supposed vast riches of the United Auto Worker. When accounting for health care and legacy costs, the typical UAW floor-sweeper earns over $70 per hour. The hard truth, however, is that even the tenured line worker receives less than half that amount in their paycheck before taxes, and about 20 percent of the UAW workforce makes only $14 per hour.
Electric vehicles are striving to have a beneficial impact on the world's economy and are stirring interest from specialized and general media outlets. Forbes, for example, has just published an article on how China is going to become or, we should say, needs to become the mecca of the Electric Car.
Hey, always thinking that only Japanese and Europeans have a lot of fuel-efficient vehicle choices? American automakers also have fuel-efficient models in their lineup, usually based on "global" models designed for other markets, like GM does with its Opel/Vauxhall European subsidiary or its Daewoo operations in South Korea. In fact, in a new list compiled by Forbes, GM models took nine of the ten fuel miser models, with only a Ford Focus stealing a spot away from the General.