#MY2003

Original Volkswagen Beetles can be had for a couple of thousand at minimum these days, so why pay €1 million for one? Because it came from Mexico.

Takata won’t be conducting a nationwide recall of its defective airbags anytime soon, but did hire three former U.S. Transportation Secretaries to help the supplier manage the crisis. Meanwhile, an airbag in an non-recalled model explodes in a Japanese junkyard; the National Highway Traffic Safety Administration won’t push for a nationwide passenger airbag recall; and Toyota and Honda both call for an industry review of Takata’s wares.

Crowdfunding has been used to deliver financing to projects ranging from fashion collections and film productions, to food trucks and the occasional work that ends up bombing while investors are left holding nothing (not even the bag their were promised as a gift for investing).

This project may be a success or failure, but if all goes as promised, Michigan’s Performance CNG will be able to deliver a CNG-powered 2003 Ford Mustang while demonstrating all compressed natural gas can do in the name of energy independence.