Smug journalists across the internet are poking fun at the possibility that President Barack Obama might have referred to the 2013 Shelby GT500 Mustang as “sick” during his visit to the Washington D.C. Auto Show.

True or false, his remarks about the muscle car don’t really matter. What’s slightly more significant is the speech he made to herald General Motors’ return to the throne as the world’s highest volume automaker.

While it isn’t surprising that the President would want to talk about something like that, it is a good chance to point out that GM is doing more than taking the Costco approach to selling cars.

In fact, GM is leading more than just the number of vehicles sold. They’re also the industry’s top innovator, according to The Patent Board. This is actually the fourth consecutive quarter that the Detroit giant can claim that title. An impressive 1,123 U.S. patents were granted to the company in 2011 for global product engineering, global powertrain engineering, global research and development and OnStar organizations.

It’s interesting because we don’t always think of GM when imagining who will come out with the latest breaking tech or engineering feats, yet they emerged victorious over 183 other firms. It seems like most of the automotive wizardry starts overseas in Europe and makes its way to domestic vehicles a little while later.

Blind spot detection is a great example of that. Volvo was the first to introduce it, but companies like GM and Ford are on board with the bandwagon.

Among GM’s recent patents, there is technology for quieter brakes, better OnStar voice recognition and something called eAssist Thermal Management which controls engine shutoff to ensure occupant comfort in extremely hot or cold weather.

That begs the question: what’s next from some of the greatest minds in Michigan?

A truck containing a teleprompter and audio gear used by President Barack Obama was stolen in Virginia, prompting questions about security lapses.

The gear, estimated at about $200,000, was parked in a van at a Virginia hotel parking lot ahead of Obama’s visit to the area.  The van was said to be carrying audio equipment, podiums and even the Presidential seal, which only Obama is allowed to stand behind. The truck was eventually recovered, but details about the equipment’s status has not been made public.

The truck was said to be unmarked but wearing government tags, and observers are questioning whether this was simply a random vehicle theft that happened to be carrying important cargo, or whether the goods were specifically targeted by thieves.

[Source: NBC12.com]

Last week President Obama announced his new ‘Green Fleet’ plan that would see all of the government’s 600,000 vehicles be either hybrids, plug-in electrics or flex-fuel models by 2015. There are, however, a few exceptions – most notably ‘The Beast’.

The nickname for the President’s armored Cadillac limousine, also referred to as Cadillac One, it is exempt from the new rules. Secret Service Special Agent Robert Novy confirmed as much to Fox News, commenting that, “certain specialized vehicles with law enforcement and security specifications are not subject to this directive.” Included in that list is ‘The Beast’, which features 5-inch thick reinforced walls, it’s own oxygen system and a blood bank in the trunk is reported to get just 8-mpg.

[Source: FoxNews]

In a bid to get inventory moving out of showrooms in a hurry, Chrysler has decided to offer a new incentive program that would double the value of the government’s cash-for-clunkers program.

Chrysler will offer $4,500 off (or 0 percent financing for 72 months) on most of its 2009 inventory – excluding the Dodge Challenger, Sprinter, Jeep Wrangler and all SRT products. The $4,500 incentive is even available on vehicles that do not meet the requirements for the cash-for-clunkers program, which was recently signed off on by President Obama.

Cash-for-Clunkers, or CARS (Car Allowance Rebate System) gives a $4,500 rebate on a new car when it gets 10 mpg or more better fuel mileage than the one traded in. The rebate is $3,500 on vehicles that get 4 to 9 mpg better or trucks that get 2 to 4 mpg better.

Chrysler, now under new leadership from Italian automaker Fiat is hoping the incentive will help sales rebound. Chrysler has been hit particularly hard this year with sales down 45.7 percent for the first six months.

When combined, these two offers mean a $17,090, Dodge Caliber SE could leave showrooms for as little as $8,090.

Chrysler’s “Double Ca$h for Your Old Car,” incentive starts tomorrow and runs through August.

[Source: Automotive News]