Auto Industry

Lotus Has a New Boss...and a New Car

March 4 -- Lotus has a new boss and a new car at the Geneva Motor Show. Jean-Marc Gales has been in the top job for the past nine months and has a big task ahead of him. The British car maker has been struggling, and as Angus Bennett reports, the new CEO is pegging his hopes to their new supercar.

Are Electric Cars Losing Some of Their Buzz?

March 4 -- What has happened to the electric car revolution? At the Geneva Motor Show there are plenty of new models on display but the technology hasn’t taken over. Are electric cars losing some of their buzz? Bloomberg's Angus Bennett reports from the 2015 Geneva Motor Show.

Koenigsegg Unveils Hyper Car...And It’s a Record Breaker

March 4 -- Swedish super car producer Koenigsegg has unveiled their latest hyper car and it’s a record breaker. With over 1,500 horse power and costing close to $2 million it is the most extreme car ever produced by one of the world’s most extreme car makers.

Oil Drops

It's bad for the exporters, great news for you

Stats

700

In December, drilling contractor Ensign Energy Services Inc. told California regulators that it planned to dismiss as many as 700 workers.