Cars

Even though General Motors Corp are operating under a federal bailout, reports show that it burned through $10.2 billion in the first quarter. As we all know, the car sales declined drastically all over the Globe, leading to a 50% drop of GM’s revenue to $22.4 billion. On Thursday, General Motors posted a quarterly net [...]

Porsche is going through a tough time as the automaker has huge debts and it seems like nothing can save it. However, Wolfgang Porsche, the head of the supervisory board of Porsche, says that he will not sold the company after some recent rumors showed that Porsche could be sold to Volkswagen. It is said [...]

These are some tough times for Chrysler as everything points to a bankruptcy. The company was hoping that the US Treasury Department would reach an agreement with the lenders of the car manufacturer, however, the negotiations were stalled and then broken down. Chrysler will now file bankruptcy under Chapter 11 protection, and they will be [...]

Nowadays, there are lots of problems in the world and most of the people know that, but not many of us are willing to change something. Well, I know that there are lots of inventors, scientists or researchers who are trying to develop new technologies that could change the world for the better. This is [...]