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Telesto Ventures, one of the bidders vying to take control of General Motors Corp.'s (NYSE"GM) Saturn brand and dealer network, has reportedly assembled a team of auto industry veterans that they hope will have a chance to give the left-for-dead GM unit a second life.The Telesto team, according to The...
Posted on May 28, 2009 9:50 AM
It looks like Honda Motor Co. is staring to believe in lithium-ion batteries. The car maker on Wednesday will launch a lithium-ion battery joint venture with partner GS Yuasa Corp. The JV, called Blue Energy Co., will manufacture and sell lithium-ion batteries for use in hybrid vehicles. The Kyoto, Japan-based...
Posted on March 30, 2009 10:03 AM
Nissan Motor Co. still wants a U.S. partner. CEO Carlos Ghosn says he thinks it would be a good idea for long-term growth but isn't in talks with anyone right now, according to this AP report. A good guess would be for Chrysler LLC. Earlier this year, Nissan and...
Posted on February 28, 2008 5:38 PM
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