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23 May 2007 posted in Earnings/Financials 6 views
Spyker Cars mortgages name for a loan Spyker is bankrupt. Old news, actually, it happened in 1926. Spyker Cars, founded in 2000, however, got a little extension on life back in September when it mortgaged the Spyker name for a €12.5 ...
Tags: forbes, 5 million, investors, old news, spyker cars, mortgages, sports utility vehicle, reuters story, friesland bank, stock trading
15 May 2007 posted in Safety 7 views
Ford rollover settlement under re-review In 2002, Benetta Buell-Wilson was driving her 1997 Ford Explorer in Southern California when she swerved to avoid debris on the freeway. The high center of gravity of the SUV and the quick steering in ...
Tags: ford explorer, freeway, punitive damages, million dollars, 6 million, 5 million, plaintiff, center of gravity, half times, wrongdoing, defendant, buell, ford claims, 1997 ford explorer, california state, federal safety standards, state appeals court, tobacco case, lawsuit claiming that, waist down
11 May 2007 posted in Etc. 3 views
A subscriber scorn: OnStar goes black, customer sues As of January 1, 2008, anyone who doesn't have a digital-capable OnStar system in their GM vehicle is going to be out of luck. One customer who bought an OnStar-equipped Cadillac Eldorado in 2002 is s ...
Tags: gm, gm product, omission, january 1, 5 million, whole lot, plaintiff, gm vehicle, cadillac eldorado, scorn, onstar service, class action suit, eldorado, onstar system, auto news, robert weaver, analog service, analog to digital, capable system, subscription fees
1 May 2007 posted in Spy Photos 3 views
Spy Shots: Audi Q5 takes shape The small luxury crossover is quickly becoming en vogue, with the success of the X3, the new LR2, and the RDX helping their respective companies add sales while bolstering their bottom lines. With its ...
Tags: crossover, spy shots, x3, rdx, air suspension, bottom lines, 2l, 5 million, flexibility, audi q5, en vogue, hill descent control, million annual sales, a5, expansion plans, lehmann, LR2, coupe quattro, spy photography, respective companies
21 April 2007 posted in Motorsports 5 views
Bernie Ecclestone loves Turkey! Buys Turkish GP track Formula One Czar boss, Bernie Ecclestone is apparently a "big, big" fan of bikes, and partnered with his place in the F1 hierarchy, decided to purchase a controlling stake in Turkey's Istanbul Park. S ...
Tags: boss, debacle, formula one, stake, bikes, organizers, acquisition, bernie ecclestone, 5 million, trophy, czar, paul ricard circuit, istanbul, andy warhol, turkey, gp track, hierarchy
19 April 2007 posted in Plants/Manufacturing 6 views
Darn, we're outta that!  Ford of Australia halts work due to supply problem Ford's Broadmeadows facility has run out of at least one key component for V8 engines, and will have to shut down until its supplier resolves labor issues. The supplier, Coghlan and Russell Engineerin ...
Tags: holden, gm, automakers, delphi, zeta, c amp, v8 engines, 5 million, pensions, dire straits, falcon, ford production, fastener supplier, broadmeadows, coghlan, boatload, pbr, stipends, clamor, unemployment
5 April 2007 posted in Earnings/Financials 3 views
Mulally pockets $28 million in 2006 Reuters is reporting that while Ford Motor Co. posted a $12.7 billion loss last year, its new Chief Executive earned $28.18 million. And that was for four months worth of work. Alan Mulally's pay for ...
Tags: reuters, ford motor co, ford motor, four months, bill ford, turnaround, pockets, merger, 5 million, fairness, grand scheme of things, scheme of things, drop in the bucket, alan mulally, bankruptcy filing, stock options, don leclair, chairman bill, stock earnings, first five years
19 February 2007 posted in Euro 1 views
Audi It looks like Volkswagen's Brussels, Belgium assembly plant will be getting a new product to build, now that Golf production has shifted back to Wolfsburg. Audi's new CEO Rupert Stadler has confirmed ...
Tags: vw, volkswagen, united states, bmw, new car, reuters, ceo, car sales, assembly plant, 5 million, expansion plan, audi sales, margins, rupert, building cars, tip source, a1, brussels belgium, stadler, smart competitor
26 November 2006 posted in Auction Action 8 views
Auction Action: 1971 Hemi Cuda Convertible You have until January 19 to save up $4.5 million. On that day, and probably for at least that much money, RM Auctions will turn over the keys to a 1971 Hemi 'Cuda Convertible. The bidding will take p ...
Tags: chassis, forbes, 1 million, much money, 5 million, citation, cimarron, auction house, vintage motor, motor cars, january 19, auctions, head start, opening bid, phoenix arizona,
18 October 2006 posted in Car Buying 6 views
New Infiniti G35 released in South Korea ahead of US debut They may live below a country run by a husky dictator who has a thing for BluBlockers and nuclear weapons, but South Koreans can take heart knowing that Infiniti has bestowed upon them the honor of be ...
Tags: liter, horsepower, new generation, nod, drive model, infiniti g35, global brand, s market, 5 million, sport model, south korea, western europe, dictator, infiniti sales, luxury division, nuclear weapons, seoul trade exhibition, south koreans, blublockers, korean model
13 October 2006 posted in Tech 8 views
Sharp's in-dash LCD may replace gauges Another crossblog from Engadget, we have an announcement of Sharp developing a 1500:1 contrast ratio LCD panel that will work as a dashboard in upcoming vehicles. Sure, you might be saying, but Merced ...
Tags: mercedes, cars, images, dashboard, engadget, cameras, competitor, tachometer, moot point, speedometer, living room, 5 million, fluctuations, three times, car interiors, extreme vibration, navigational maps, lcd panel, contrast ratio
20 August 2006 posted in Etc. 4 views
Woodward Dream Cruise 2006: Details are everything click on image above to enlargeThere were so many sights that caught our eye this weekend at the Woodward Dream Cruise, so we've assembled a gallery of our favorite detail shots for you. We wanted to ...
Tags: car enthusiasts, 5 million, woodward ave, woodward dream cruise, funny cars, detail shots, impeccable craftsmanship, woodward dream cruise 2006
3 August 2006 posted in Recalls/TSBs 5 views
Ford recalls 1.2 million trucks From the Bad Timing Department: As the battle for market share in the shrinking U.S. light truck market heated up with the introduction of General Motors' new models, Ford announced Thursday that it i ...
Tags: suvs, reuters, excursion, mercury, cruise control system, general motors, f 350, mercury mountaineer, market share, interaction, 5 million, f 250, cruise control deactivation switch, deactivation, econoline, e 450, econoline vans, inline fuse, rare instances, faulty wiring
25 July 2006 posted in Earnings/Financials 6 views
Rover collapse cost UK nearly £1 billion The collapse of MG Rover was an expensive affair for the British government and its people. A report published by the country's Public Accounts Committee says that the decline of MG Rover between 2000 ...
Tags: automaker, england, decline, 1 billion, mg rover, new jobs, 5 million, collapse, bankruptcy, british government, longbridge, creditors, pension protection fund, public accounts committee, kick in the head, defunct company, tax payers
21 July 2006 posted in Recalls/TSBs 5 views
Firestone renews radial tire recall effort With recent fatal accidents reported for '90s-era Ford Explorers fitted with Firestone radials, Firestone has renewed efforts to get the problem-plagued tires off the road.In 2000 and 2001, Firestone ...
Tags: ford, cnn money, cnn, tires, mercury, mazda, nhtsa, firestone, 5 million, washington d c, lawsuits, ford explorers, ford suvs, radial atx, fatal accidents, random check, radial tire, mercury mountaineers, wilderness
14 July 2006 posted in Etc. 7 views
Fun Fact Friday: Cameron's Ferrari 250 GT California really an MG The 1961 Ferrari 250 GT California that starred in the cult classic Ferris Bueller's Day Off was really an MG in Maranello drag. In the movie Cameron states that less than 100 were made; actually only ...
Tags: budget, ferrari, dad, cult, website www, 5 million, prancing horse, 80s, damages, ferris bueller, ferrari 250 gt, ferrari 250 gt california, 1961 ferrari 250 gt california, cameron
28 June 2006 posted in Etc. 5 views
Cars are an unnecessary evil At a recent gathering at the United Nations World Urban Forum, representatives cheered to one single theme: The automobile has put us (humanity) on the road to destruction.The most ardent enemy of the ...
Tags: buses, environmentalist, 5 million, comments section, soapbox, bicycles, traffic congestion, david suzuki, toronto star, enrique penalosa, bogota colombia, highway expansion, unnecessary evil, urban forum, private interest, expansion project, new roads, transporation, inequality, industrialized nations
7 May 2006 posted in Earnings/Financials 10 views
Ford Australia gets government bailout The Australian government is taking a much softer line than our own administration it seems as Australian prime minister John Howard has just announced that his adminstration will be providing Ford Au ...
Tags: ford, automaker, research and development, accounting, pot, 5 million, ford falcon, ford australia, bailout, ford xr6, minister john howard, prime minister john, prime minister john howard, australian prime minister john howard, australian prime minister, australian government, john howard
30 April 2006 posted in Earnings/Financials 8 views
GM execs take massive cut, Lutz, Wagoner see pay halved General Motors' executives took a massive pay cut in 2005, after the board of directors not only voted to withhold bonuses, it also slashed base pay of some of the company's highest profile executives ...
Tags: bob lutz, detroit free press, general motors, rick wagoner, execs, vice chairman, chief executive officer, global warming, 5 million, gm vice president, gm employees, john devine, cfo, performance bonuses, earnings reports, stock options, restatement, executive performance, top executive, shareholder meeting
24 April 2006 posted in Earnings/Financials 6 views
DaimlerChrysler fined $1.5 million for lack of jobs The Post-Standard reports that DaimlerChrysler (DCX) paid the state of New York $1.5 million as a penalty for not providing 300 new jobs at the automaker's New Process Gear plant. DCX had made a promi ...
Tags: automaker, daimlerchrysler, state of new york, dcx, new jobs, 5 million, state source, new process gear