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In this week's issue of The New Yorker magazine, writer Elizabeth Kolbert outlines why the car of the future has not arrived. ("Running On Fumes" - Does the car of the future have a future?")

Kolbert documents what many have feared: that two commissions ("projects") between the U.S. Government's Executive Branch, one in the Clinton Administration and one in the current Bush Administration, and automakers General Motors (NYSE: GM), Ford (NYSE: F), and Chrysler, that were supposed to design a high-mileage, next-generation car have, in fact, done very little.

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Why the car of the future hasn't arrived originally appeared on BloggingStocks on Fri, 02 Nov 2007 13:20:00 EST. Please see our terms for use of feeds.

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