"Money talks," the old saying goes; and it apparently counts everywhere as it does in the US. A man in China showed up to a car dealer with the US equivalent of $16,000 in coins to buy a new car. Only a foolish dealer would turn away a guaranteed sale. So, they started counting it out, while the man waited.
- Noah Joseph
- Jul 30, 2007
The latest in Porsche-Volkswagen relations is that the sports car maker has contingencies in place to raise its stake in the VW Group, but at this point is not planning an outright takeover.
- Noah Joseph
- Apr 27, 2007
Any way you look at it, Toyota's foray into Formula 1 has not yielded positive results. Despite throwing unprecedented amounts of money at the effort, their F1 team has not produced the kind of results to which the automotive giant has become accustomed. So they've apparently decided that it was time for a change in management.
- Dane Muldoon
- Mar 26, 2007
In the year 2000, as the IT world scrambled to fix computer problems and people bid farewell to the '90s, Ford and GM Holden - with their Falcon and Commodore, respectively - stood supreme as the dominant forces of the dominant large car market in Australia. Just seven years on and that market has shrunk from 35.9 percent to just 13.5 percent in the light of rising fuel prices which has seen a massive movement away from large family cars to medium-sized cars. The Falcon and Commodore are now fig
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