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Proposed M1 Concourse car condos a country club for car buffs

Brad Oleshansky's a "car fanatic" who spends time cruising Detroit's Woodward Avenue, getting shooed out of parking lots by business owners. He sought a space conducive to show and work on cars. "I tried to envision a project where we could capture that whole scene in one destination," he said.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Chevy Volt production stopped as sales falter

Chevy Volt production halted General Motors has announced that they’re halting production of the range-extender Chevrolet Volt as sales falter. The Chevy Volt is General Motors’ car of the future (and sister car to the Vauxhall Ampera) with a range extender engine and the ability to run on a plug-in charge. And GM proclaimed it as the future of the company and did everything they could to keep costs in check.