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Lithium Batteries Fall Short of Forecasts  Apr 12th, 2013 
Sales and performance of the lithium ion batteries has fallen short of projected forecasts, and better technology is required to make them safer, battery experts told U.S. regulators today. The technology failure put pressure on the battery makers, explaining the slow development of electric cars and the other problems the batteries have in different applications. [...] 
 
 
U.S. Rep Probes Fisker DOE Loan to See If Other Companies Would Have Used Money Better  Apr 12th, 2013 
The whole Fisker Automotive loan debacle is just becoming inane now, if it wasn’t already. U.S. House of Representatives member Darrell Issa, R-California, is now seeing if the money that went to Fisker could have been better served going to another start-up automaker like, oh, Aptera, a venture that’s actually failed. Fisker, for all intents, [...] 
 
 
A Quarter-Century of Volkswagen’s California  Apr 12th, 2013 
A quarter-century ago, Volkswagen discovered the motorhome. Before then, conversions of its rear-engined T2 and T3 buses—the latter known in the U.S. as the Vanagon—were handled by aftermarket companies such as Westfalia or yacht-maker Dehler. But these elaborate, if compact, motorhomes became unaffordable, and VW moved to fill the niche. Based on the T3, the [...] 
 
 
Video: LeMons Peugeot Mi16 Throws Rod into Trailing Celica’s Windshield!  Apr 12th, 2013 
About a year ago, a quick-witted race photographer snapped a great photograph of a 24 Hours of LeMons Alfa Romeo Spider bouncing a connecting rod off the pavement. (See the amazing image here.) That photographic feat was pretty cool, and we felt sure that nobody would ever match it . . . until we saw [...] 
 
 
Fitch Updates ABS Criteria  Apr 12th, 2013 

fitchFitch Ratings published an updated Asset-Backed sector specific criteria report titled 'Rating Criteria for U.S. Auto Loan ABS.'

There have been no material changes from the previous version; therefore Fitch expects no impact on outstanding ratings.

 
 
 
Firm Sheds Direct Repo Business  Apr 12th, 2013 

primeritusPrimeritus Financial Services has sold its remaining direct recovery repossession business to Connect 1 Recovery LLC.

 
 
 
Lemon Lawyer Receives Accolade  Apr 12th, 2013 

lawkolawkowskiLaw & Kolakowski announced that California Lemon Law attorney Douglas D. Law recently received a “Preeminent” AV rating from Martindale-Hubbell, an international ranking service for attorneys.

 
 
 
Inventory Creditor Marks Milestone  Apr 12th, 2013 

tcfTCF Inventory Finance, Inc., a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corp., is celebrating its fifth anniversary this week.

 
 
 
2013 Subaru Legacy 3.6R Limited review notes: A midsize sedan you shouldn't overlook  Apr 12th, 2013 
DIGITAL EDITOR ANDREW STOY: I spent some time in the 2012 Subaru Legacy 3.6R awhile back and came away from the car feeling pretty ambivalent. 
 
 
2013 BMW X6 xDrive35i review notes: We still wonder about the X6  Apr 12th, 2013 
SENIOR ONLINE EDITOR RORY CARROLL: On the key fob that comes with the 2013  
 
 
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