Ener1, Owner Of Lithium Cell Firm, To Emerge From Bankruptcy

Green Car Reports
Ener1, the company that owns lithium-ion cell maker EnerDel, will emerge from Chapter 11 bankruptcy in the next two weeks, according to a recent statement by the company. The firm had sought bankruptcy protection in January, but said it would not go out of business. Its recovery comes after an internal restructuring of...Read more

Amid Profit, Chrysler Builds 1,000,000th Pentastar Engine

The Car Connection
With Chrysler reporting its first profitable fiscal year since 1997, the news that the company's one millionth "Pentastar" engine rolled out of its Trenton, Mich., marks more progress in its turnaround. The milestone comes a mere eighteen months after production began in July of 2010. "To build one million of anything,...Read more