FMCSA: Carriers May Ignore Cargo Insurance Warning Letters

The Federal Motor Carrier Safety Administration said motor carriers that received notices of investigation for revocation of authority based on cancellation of their cargo insurance policies on or after March 21 “need not respond to such letters if the…

Pininfarina to Build 4000 Tiny Electric Cars

This is the Pininfarina B0 electric city car … and 4000 (four-thousand) of these slick little Smart-slayers will be hitting the roads of Paris as early as 2013.
4000 is quite a number (especially in the green car universe), but this isn’t some commo…

2 Steps Forward, 2 Steps Back: 2012 Ford F-650

Last week, Ford announced that it would be resurrecting the discontinued 6.8L V10 gasoline engine for service in the 2012 F-650 commercial truck … a move which, to me, seems baffling.
Keep in mind, we’re not talking about consumer vehicles here.  I…

Berkshire Hathaway to Buy Lubrizol for $9.7 billion

Berkshire Hathaway announced it’s buying Lubrizol, which among other things makes additives for fuel and oil, for about $9.7 billion — $135 per share in an all-cash transaction, one of the largest acquisitions in Berkshire Hathaway history.