Haven't heard much from Phoenix Motorcars for awhile. But they've entered bankruptcy (chapter 11).
Google News doesn't have anything about this, however it's on Autoblog Green:
http://www.autobloggreen.com/2009/04/30/phoenix-motorcars-files-for-chapter-11/
http://pacerla.cacb.uscourts.gov/ciaoposted/pdfmain.aspx?pdf=TD_043009.pdf
That filing is a set of court proceedings occurring today (April 30) at 2:00 PM. Judge Thomas Donovan, Presiding, United States Bankruptcy Court Central District of California, Riverside
TRG Wood Products, Inc., a California corporation Chapter 11
Cont'd hrg re debtor in possession's
emergency motion for order authorizing
use of cash collateral to operate debtor's
business
[James C. Bastian, Jr.]
*Heard on Shortened Notice
Phoenix MC, Inc. Chapter 11
Hrg re debtor's emergency motion for order:
(I) deeming utilities adequately assured
of future performance; and (II) establishing
procedures for determining requests
for additional assurance pursuant
to Bankruptcy Code Section 366
[Scott H. Yun]
*Heard on Shortened Notice
Phoenix MC, Inc. Chapter 11
Hrg re emergency motion for order authorizing
the debtor to honor:
(1) pre-petition vacation pay and/or paid-time-off; and
(2) employee benefit programs in the ordinary course
of business in the ordinary course pursuant to
11 U.S.C. Sections 105(a) and 507(a)
[Scott H. Yun]
*Heard on Shortened Notice
Phoenix MC, Inc. Chapter 11
Hrg re emergency motion of debtor
And debtor in possession for interim
and final approval of post-petition
financing
[Scott H. Yun]
*Heard on Shortened Notice
