Miscellaneous Thoughts: Coffee cup power inverter, Hyundai says delay of ‘Cash for Clunkers’ hurting sales

You know the routine by now – it’s time for Miscellaneous Thoughts post.

Coffee Cup Power Inverter: Running low on power on 3 of your devices but don’t have enough 120-volt AC outlets in your car? Then this conveniently shaped coffee cup power inverter is for you. The Coffee Cup Power Inverter provides 120 Volt AC power from any cigarette lighter socket. 200 Watt inverter with 2 AC plugs and USB power port should be enough to keep your gadgets charged. – ThinkGeek (via BoingBoing)

Hyundai says delay of ‘Cash for Clunkers’ bill is hurting auto sales: Hyundai released a survey today of licensed drivers showing that 11 percent of potential car shoppers are waiting for Congress to pass the ‘Cash for Clunkers’ bill to purchase a new car. The bill would give up to $4,500 credit to consumers who scrap their old car with low-gas mileage and high emissions and purchase a new car. Hyundai says that the figure represents as many as 100,000 sales each month over the summer selling period, reports Automotive News. Senate failed to reach an agreement on the ‘Cash for Clunkers’ bill for the second time today.

“With sales in the U.S. auto industry forecast at the lowest levels in 26 years, it’s imperative that we move forward with this stimulus bill,” Hyundai’s American President John Krafcik said.

Ford commits $125 million to Visteon: FoMoCo announced today that it has agreed to provide $125 million to support Visteon’s restructuring under Chap. 11 bankruptcy protection. Visteon, an auto parts supplier previously owned by Ford, filed for bankruptcy last week. – Reuters

– By: Kap Shah