New York-based lithium-ion automotive battery maker Ener1 Inc. has filed for bankruptcy protection, reports Bloomberg Businessweek. The company, which was granted a $118 million U.S. Energy Department grant to make batteries for electric vehicles, defaulted on its bond debt. Competition from Asian battery makers is also believed to have contributed to Ener1’s financial woes. China, Read on! →


The Japan earthquake has wiped out production of more than half a million vehicles in the country’s auto industry in the last month. Toyota was hit hardest and warned that the U.S. auto market could see shortages of certain vehicles in the third quarter of 2011. Japan’s auto production disruptions have also affected Ford, which Read on! →


How would you feel about driving down a southern highway and seeing a sign saying that section of asphalt has been adopted by a chapter of the Ku Klux Klan? Is it a case of free speech, or of promoting hated? Such speculation may be put to the test, if one group has its way. Read on! →


A legend among early sports cars was the Morgan 3 Wheeler, a curious vehicle with a tiny, two-seat cockpit, an open engine compartment and only one wheel in the rear. The quirky but quick vehicle has been resurrected by Morgan and is headed for showrooms in the U.S. The prodigal trike returns The first car Read on! →


The Ford Explorer was the poster child of the SUV craze of the mid-1990s into the 2000s. However, Ford thinks that its image is a bit too family-friendly and has punched up the range with the Explorer Sport, a 350-horsepower turbo edition of the family hauler. The golden retriever of the car world In the Read on! →


Fisker Automotive has seen its share of setbacks in its short existence. The startup hybrid automaker was backed by federal and state loans. Now, the company’s Newport, Del., production plant is, in the words of one former employee, “absolutely empty.” Another round of layoffs sent a dozen engineers and technicians home last week. Fisker is Read on! →


The Japan earthquake and tsunami has created a ton of news stories about auto parts shortages, factory shutdowns, schedule interruptions and shipping delays. Throw in rising gas prices, and you get a perfect storm of panic buying as U.S. consumers make a run on fuel-efficient vehicles. The situation has led to severe price gouging by Read on! →


Despite some of the positive sales signs that have flashed across the radar screen of the United States auto industry and auto loans landscape lately, economists wonder what could happen to the still-teetering auto industry if the current recession proves to be a “double-dip” or “w-shaped recovery” model. Will there be another government bailout if Read on! →


A man posing as a delivery driver has stolen 2,100 gallons of fuel in a daring Indiana gasoline heist. Could he have seen a recent episode of “Breaking Bad?” Gasoline heist as prices soar Just as the price of gasoline made it largest one-day jump in a year and a half, a criminal has made Read on! →


A significant bump has been noted in the sales of cars with stick shifts, as manual transmissions are known for slightly better fuel economy than their automatic counterparts. Despite the recent gains, it is only as matter of time before the third pedal is done away with completely. Economy spurs spike in stick shift sales Read on! →