26 Articles
Feb 14, 2013 Official
GM nets income of $4.9B in 2012, down from $7.9B in 2011

General Motors released a statement about its income for the 2012 calendar year today, reporting a net income of $4.9 billion and an earnings before interest and tax (EBIT) figure of some $7.9 billion. Per share that breaks down to $2.92, versus net income of $4.58 per share last year. These numbers are in contrast to the automaker's revenue figures, which rose in 2012 to $152.3 billion from $150.3 billion in 2011.

Seyth Miersma
Feb 14, 2013
NYC Mayor Bloomberg ready for massive increase in EV parking lots

New York City Mayor Michael Bloomberg laid out a big goal for NYC during his 12th and final State of City address – add 10,000 public parking spots reserved for electric vehicles with 2,000 of them offering charging stations. Today, the city only has 100 public charging stations in place, and 120 stations for the city's fleet of EVs. Only 30 more government stations would be

Jon LeSage
Feb 14, 2013 Official
Toyota settles complaints with states Attorneys General for $29 million

Toyota announced today that it has reached a settlement with the Attorneys General of 29 states and one US territory that will resolve their complaints relating to recalls performed by the automaker from 2005-2010, including those related to sticky accelerators and malfunctioning floor mats that may have contributed to cases of unintended acceleration.

John Neff
Feb 14, 2013 Official
Mercedes AMG and Cigarette Racing debut 2,220-HP electric motor boat

Take the Mercedes-Benz SLS AMG E-Cell, stretch it and take off the wheels then make it float and you've basically got the just-unveiled Cigarette AMG Electric Drive Concept. Powered by an all-electric powertrain that offers 2,200 horsepower and 2,213 pound-feet of torque (and uses "numerous components" taken from the not-quite-as-yellow SLS AMG

Sebastian Blanco
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