LaSorda Starts Venture Capital Fund With Roger Penske. Kinda, Sorda

Those were the days, my friends: LaSorda, Wagoner, Mulally

Tom LaSorda, formerly CEO of Chrysler and before that a key man at GM, will lose a lot of money when Fisker goes down and/or bankrupt and/or is sold for pennies on the dollar. The man has a plan to recoup his losses: He started his own venture fund with racing and auto dealing magnate Roger Penske, as Reuters has it.

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Fisker CEO Out, Volt-Chief In

Here is the perfect way to fight a brewing PR disaster from boiling over: Fire your CEO! Fisker Automotive named the former head of the Chevy Volt, Tony Posawatz, as CEO today, “marking the second time the green car start-up has replaced its top executive this year,” as Reuters can’t help to remark.

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Fisker's LaSorda: Instant Karma Breakdown Intentional

Yesterday, we could report that the fickle Fisker that embarrassingly broke down in Consumer Reports’ driveway, received a new battery, under warranty. Now we hear that it was no breakdown. The Fisker Karma shut itself down intentionally to prevent bigger damage.

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  • Rover Sig Market placement: One good (large) car, one good (mid-sized) SUV, plus the Escalade (because).Attention to detail. I see nice looking caddies with some ugly features (wheels, trim). I don't know about interiors because no one I know has a caddie.The world does not need another BMW. Not everybody is in sales. Cadillac could be selling cars to all of us Boomers, who remember the large Oldsmobiles, Buicks, Mercuries, etc., of yesteryear and their comfort and, yes, style of a sort.
  • Tassos Back in my day, Nissans were the choice for forward-thinking, progressive folks who appreciated quality and innovation. But now? Seems like they're just for those who can't afford better. It's a shame to see a brand with such promise become the go-to for the budget-conscious (POORS!) crowd. Makes you wonder what happened to standards and aspirations. Guess you can't expect much from a generation that thinks a Nissan is a status symbol.
  • MaintenanceCosts The 2024 Lincoln Nautilus is actually doing what Cadillac ought to do to the XT5. Giant wraparound screen, very showy interior with fancy materials, new emphasis on quiet.
  • Tassos You know, back when cars were built to last, we didn't have all this fuss about "new car smell" being toxic. It's just another liberal conspiracy to make us fear everything, including the scent of American ingenuity. If you ask me, it's all a ploy by Big Government to regulate every aspect of our lives, right down to the air we breathe in our own cars. Give me freedom over a fake fragrance any day! BIDEN NEW CAR SMELLS
  • Aja8888 I love my new car smell as it's better than smelling the refineries and chemical plants around me here in Houston.