A New England company that makes electric scooters is getting a boost from the high price of gasoline. Vectrix Corp., which is based in Middletown, R.I., and has an engineering plant in New Bedford, said its dealership total nationwide has increased from 5 to 50 in the past 100 days. (Boston Globe, 12 a.m.)
WASHINGTON - A coalition of US Senators yesterday launched a counteroffensive against the Navy's decision to scrap a $20 billion destroyer program that was to deliver huge contracts to Raytheon Co. of Waltham and Bath Iron Works in Maine. (Boston Globe, 12 a.m.)
DEARBORN, Mich. - Bleeding cash and with its very survival uncertain, Ford Motor Co. , an icon of American automaking, will try to import some of its success from across the Atlantic. (Boston Globe, 12 a.m.)
A stunning Navy decision to abort a $20 billion plan for a new fleet of destroyers yesterday threw into question the future of Raytheon Co.'s largest defense program and renewed longstanding concerns about the fate of the Bath Iron Works shipyard in Maine. (Boston Globe, 7/24/08)
BERLIN - Volkswagen AG , Europe's biggest carmaker, plans to build a plant in Chattanooga, Tenn., resuming manufacturing in the United States to help VW end more than five years of losses in the world's largest auto market. (Boston Globe, 7/16/08)