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Chrysler investigated after collapse of Getrag deal

The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.

EVs are Dead, Long Live Tesla says Morgan Stanley analyst

The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.

Aston Martin Rapide Luxe revealed

The Aston Martin Rapide Luxe For some reason Aston Martin has decided that they need to offer a new trim level on the Rapide – the Aston Martin Rapide Luxe. Which, if this were a rather more prosaic car, we’d understand. You need to define for the punter the pecking order within a range, and you need an excuse to extract a few bob more in the showroom.