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Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.

Local Motors Announces Texas Competition

New American car company Local Motors has announced the Texas Motors competition, the 19th design contest initiated by the Boston based start-up company. The deadline for submissions is February 10, 2010. The brief, which asks entrants to design a dynamic and capable hunting vehicle for the gamers of the largest US state, stipulates that the vehicle should be a ready-made solution for hunters of every variety, whether hunting stags or fowl.

Cadillac launches four-year maintenance program for all 2011 models

America's luxury brands are seemingly engaging in a game of high-stakes maintenance. Days after Lincoln launched a three-year/45,000-mile program for new cars bought or leased this summer, Cadillac has upped the ante. Cadillac is offering four years or 50,000 miles, besting Lincoln in time and travel.