Fisker’s Woes Put A123 Systems at Risk. Another Obama Green Disaster.

Posted on February 23, 2012 by allenewilley

After failing to meet the milestones required by a loan agreement with the U.S. Department of Energy, Fisker Automotive, a startup making high-end hybrid electric cars, announced this week that it will stop work on a factory in Delaware and lay off 26 people. Fisker’s troubles could prove disastrous not only for Fisker, but for A123 Systems, which supplies the automaker with lithium-ion batteries.

The events raise the prospect of two failures at a time when the DOE loan and grant programs are under scrutiny after the bankruptcy of companies that it had funded: Beacon Power, Ener1, and most famously, Solyndra, a solar-panel maker that received a $535 million loan as part of a federal loan-guarantee program. Continue Reading…

Ford bets a turbo V-6 will outgun a V-8 among law-enforcement agencies.

Posted on February 23, 2012 by allenewilley

Ford bets a turbo V-6 police car will outgun a V-8 among law-enforcement agencies

Six-cylinder vs. Hemi V-8: How fast is fast?

You might be surprised by the results of a 0-60 mph shootout.

The Michigan State Police this month released results of its annual police car test, which includes Chevrolet, Ford and Dodge vehicles.

The test measures such things as quarter-mile acceleration, stopping distance, ergonomics, fuel economy and 0-60 mph acceleration. The test is performed to help law-enforcement agencies across the country choose their police cars or SUVs.

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Harley-Davidson goes old school with new motorcycle models: Seventy-Two, Softail Slim

Posted on February 5, 2012 by allenewilley

Harley-Davidson is nothing if not a manufacturer with a respect for its own heritage and traditions. But the Milwaukee, Wisconsin-based motorcycle maker has chosen to break with tradition this year, by introducing two new models in the dead of winter, months earlier than their usual rollout. Fans of the status quo need not be concerned, though, because the breaking of new ground stops with the timing.

The new models are variants of the big V-twin designs Harley has been cranking out for decades, with styling and graphics strong on heritage but aimed at new and younger audiences. Those are riders critical to a company whose owners are largely aging baby boomers.

Continue…

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Rick’s Imports Strippers for Indianapolis Super Bowl Party

Posted on February 3, 2012 by allenewilley

Indianapolis (8383MF) is girding for a Super Bowl party that is challenging its small-town virtues. The strippers are already at work.

Rick’s Cabaret International Inc. (RICK) flew in more than 100 dancers (strippers) to its Indianapolis club for “seven days of nonstop party action” from its Miami, New York, Minneapolis and Texas venues, Allan Priaulx, a spokesman, said in a telephone interview from New York.

We wouldn’t bring them down there if they weren’t going to make money for us, and they wouldn’t go unless they were going to make money for themselves,” said Priaulx, whose firm’s shares rose 18 percent in the year ending Jan. 31, compared with 2 percent for the Standard & Poor’s 500 index. Continue Reading…

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Will Facebook IPO Really Create 1,000 Millionaires?

Posted on February 1, 2012 by allenewilley

Facebook’s IPO has set new records for wealth hyperbole.

But the most widely repeated superlative about the Facebook IPO is that it will create “1,000 overnight millionaires.” This is impossible to know, of course. But the phrase “1,000 millionaires” appears to have magical – if not factual — significance in Silicon Valley. Continue Reading…

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