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EV battery maker A123 files for bankruptcy

Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.

Porsche rejects BlueSport Concept

Porsche has rejected the BlueSport concept as a new entry-level Porsche The VW BlueSport concept debuted at the Detroit Motor Show in January, and offered the prospect of an economical, fun roadster from the VW group. But at the time VW made it clear that the car would have to work across three of its brands to be viable. VW are obviously up for the project, and Audi look likely to go along with BlueSport with the planned E2 Roadster.

2013 Chrysler 300 John Varvatos limited edition to be auctioned at Cattle Baron's Ball

The newly remodeled Cobo Center will host the 11th annua lAmerican Cancer Society Cattle Baron's Ball this Saturday with Chrysler as the presenting sponsor. Over the past decade, the event has raised over $10 million to help with efforts to combat cancer and to support those currently battling the disease. The American Cancer Society is marking its 100th anniversary.