Detroit Should Sell Art Because Why Shouldn't It, Coastal Writer Says

One recurring thing of Detroit's trip through bankruptcy court has been the local eye-rolls over coastal writers diagnosing the city's decline — the Detroit Free Press offers an occasional feature called "The truth about Detroit," battles have raged over Anthony Bourdain's portrayal in his CNN show, and even we've grown… » 12/15/13 3:02pm 12/15/13 3:02pm

What Detroit Could Learn From Richard Linklater

I worked a late shift Monday and woke up late, so, in the spirit of embracing a morning full of nothing, I popped Richard Linklater's 1991 classic "Slacker" into my roommates' Blu-ray player and diligently went about my morning routine of sitting on my couch. » 12/04/13 10:27am 12/04/13 10:27am

Detroit Is About To Default On Some Of Its Debt

Depending on what news outlet you were reading around town regarding today, it was Detroit's D-Day; its day of reckoning; a defining moment; or, if you were with us, a day where creditors were going to be offered a tough pill to swallow. » 6/14/13 1:32pm 6/14/13 1:32pm

Fisker Is Bleeding Itself To Death

“My ethics told me I had to leave. I had to follow ethical standards. I still love the company. It was my life.” Henrik Fisker sounded angry about what had been going on, but he refused to say much beyond that by way of specifics. What is clear, though, is that past few months have been rougher for the company that… » 3/29/13 4:25pm 3/29/13 4:25pm

Lotus Spokesperson Repeatedly Denies That Lotus Is Going Out Of…

This morning we got word that Group Lotus might be on the brink of shutting its doors forever. Not really a new rumor, but Lotus also has a history of strange PR moves. How would they take care of this one? » 3/18/13 12:07pm 3/18/13 12:07pm

Fisker Halts Karma Production After Running Out Of Batteries

You can sell toys with a "batteries not included" stipulation, but apparently that won't fly with electric cars; especially not a $100,000 ride like the Fisker Karma. So Fisker is suspending production of its luxury plug-in hybrids because its battery manufacturer filed for bankruptcy. » 11/30/12 9:30am 11/30/12 9:30am

Watch Aptera employees smash prototype electric cars as company goes…

Aptera, the California electric vehicle startup that once hoped for ten thousand sales of its futuristic three-wheeled 2e per year, ceased operations on Friday after failing to secure needed funding. As you can sadly see in these videos, in the wake of the collapse, the company's now-unemployed staff went on a rampage, … » 12/07/11 1:30pm 12/07/11 1:30pm

German Police Investigating Uwe Gemballa For Financial Impropriety

Missing German Porsche tuner Uwe Gemballa is now under investigation by authorities in Stuttgart on suspicion of financial impropriety. Also, his family's suspended the reward for information regarding his whereabouts. Both revelations will turbocharge rumors he's not a kidnapping victim. » 3/05/10 11:00am 3/05/10 11:00am

Why Do Republicans Hate American Automakers?

A German company is battling with a Japanese one to become the world's biggest automaker. Italians own Chrysler. It's like World War II except we're losing. So why are Republicans suddenly on the side of the automotive Axis powers? » 11/16/09 4:30pm 11/16/09 4:30pm