cars

(Newser) - A souped-up plug-in hybrid unveiled yesterday has excited talk of a future in which  cleaner-running cars are also profitable. With a new lithium-ion battery that can store up to nine kilowatt/hours of electricity, a hybrid owner could buy electricity at night, store it in the battery, and then sell it...

(Newser) - Beverly Hills billionaire Kirk Kerkorian has offered to buy the Chrysler group for $4.5 billion. Kerkorian's investment company, Tracinda Corp., can pay cash for the ailing automotive giant, and is pitching an extra $100 mil for an exclusive two-month period to run due diligence. Tracinda told parent DaimlerChrysler it...

(Newser) - Stodgy luxury standby Lexus is trying to trade up to the hot "prestige luxury" market with a new line of $70,000 and up automobiles.  Along with the new models comes a massive rebranding effort that aims, says a  marketing manager, to get "Louis Vuitton, Prada, Gucci...