Electric-powered vehicles were one of 2011's big disappointments, as early adopters struggled with cruising ranges that were more abbreviated than advertised. Will 2012 be different? Tesla launched its four-door model S with appropriate hullabaloo a few weeks ago, wooing journalists with 20-minute test drives. Now it is learning about mass production the hard way, slashing its third-quarter output by half to fix quality problems. Meanwhile, Nissan is getting ready to sharply boost output of the Leaf to 150,000 a year along with the batteries that power it. Nissan chief Carlos Ghosn has staked his legacy on Leaf and isn't likely to let it fail.
As the old philosopher said - no good deed goes unpunished. Here's a roundup of this year's car news highlights so far, along with their companion lows.
|U.S.: Wells Fargo illegally repossessed 413 service members' cars|
|Home Depot pulls Scary Peeper Creeper from stores in Canada after complaints|
|Ferrari reveals fastest convertible ever, and a super-fast family car|
|Deutsche Bank shares plunge to new low on fears about its health|
|Wells Fargo worker retaliation claims rile up Congress|