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Gallup: Family of four needs an average $58,000 a year
DETROIT, Minn., Nov. 28 (UPI) -- U.S. automaker General Motors said it was offering Chevrolet Volt owners a replacement vehicle while regulators investigate a potential after-crash fire hazard.
"We are contacting all Volt owners to assure them and reassure them the car is safe to drive. The Volt is our pride and joy and we will do all we can to make Volt owners as happy with it as we can," Mark Reuss, head of General Motors' North America, was quoted by USA Today Monday as saying.
The National Highway Safety Traffic Administration said it had opened an investigation to determine if the Volt's batteries had a high probability of catching fire after a crash.
In several tests, the car's lithium-ion batteries either caught fire or became heated, USA Today reported.
The Volt runs on an electric motor and a gasoline engine, the latter of which kicks in when the electric power from the advanced battery system is depleted.
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NEW DELHI, May 20 (UPI) --
The US Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security.
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RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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