A new DeLorean will cost you around $100,000.
Neil Young may be better known as a singer-songwriter and rock n' roll icon than he is for his involvement with cars, but the Canadian-born musician is not without his automotive credentials. His latest book, after all, is titled "Special Deluxe: A Memoir of Life & Cars," and one of his most famous songs, "Long May You Run," was written about his old station wagon. But does that mean he's got an inside line on new cars coming out?
Last we heard, Jay Leno was almost ready to sign a deal with CNBC to get back on television regularly for the first time since he left The Tonight Show. Well, it's official, and with the ink on the contract barely dry, we're getting some new details about Leno's upcoming car show.
It's no secret that we're big fans of Jay Leno's Garage around these parts. Each week on his video series, Leno gives us a look at pristine examples of classic cars that most of people can only dream about, and it looks like he might be bringing some version of that concept to television sometime soon.
When Warren Buffet makes an investment, people pay attention. That's just one of the perks of being one of the richest men in the world, and his latest move is a big one. Buffet's Berkshire Hathaway investment company is to hopping into the auto business in a huge way by buying Van Tuyl Group, the nation's largest privately owned auto dealer network, for an undisclosed sum.
We've said it before, we'll said it again: Bob Lutz gives great quotes. From his toilet-themed opinion of global warming to Toyota's deity status, the man knows how to get your attention. His latest? Saying that Tesla Motors is and will remain a fringe brand. Take that, Tesla fanbois.
It's just one in a laundry list of factors, but more fuel-efficient cars could make a difference in lowering oil prices dramatically to half their present levels, plunging to $50 a barrel by the end of the year. That's what Gulf Oil CEO Joe Petrowski is predicting in a new interview on CNBC's Squawk Box, though he is quick to point out that a halving of oil prices doesn't necessarily translate to a halving of fuel prices. And, as CNN reports, lower oil prices could mean protests in oil-producing
Despite his long history with traditional internal combustion engines and climate change skepticism, Bob Lutz remains a strong voice for the plug-in future of the automobile. If anything, his recent statement are getting stronger. To wit, in an recent interview with CNBC, the Chevy Volt's grandpappy (and the former vice chairman of General Motors) said that not only will the future be electric – "the electric car future is definitely coming" (in five to 10 years) – but he also said p
Dan Akerson, CEO of General Motors, says his company is making contingency plans to move workers from South Korea should tensions escalate further between that country and North Korea. While speaking in an interview on CNBC's Squawk Box, Akerson said, "We are making contingency plans for the safety of our employees to the extent that we can."
CNBC will air an hour-long program this Wednesday on the brand behind the roundel called "BMW: A Driving Obsession," which the news channel bills as "the fascinating story behind a once small, struggling company that transformed itself into a global luxury car powerhouse." The four featured highlights will take looks at BMW World, art cars, the BMW tech center and Rolls-Royce.
CNBC is delving into the rebirth of Ford as an automotive force to be reckoned with in a new documentary called "Rebuilding an American Icon." The show will take viewers behind the scenes at the Blue Oval to see how the company managed to navigate through the automotive implosion of 2009. While the documentary will feature the usual raft of interviews with executives, CNBC says that it was allowed deep access to the company's day-to-day workings, and even followed the engineers responsible for b
We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based upon ill-conceived home loans to people with lousy credit was a sure-fired, long-term money-making bonanza.
There has been a lot said about GM in the wake of tough market conditions and the Detroit Automaker's $15.5B Q2 loss. As you can imagine, a lot of the talk isn't upbeat. GM Vice Chairman Bob Lutz seems to think much of the discussion surrounding the General is nothing more than speculation and uninformed bias, but then again Maximum Bob's got a bit of a pro-GM bias of his own. So you can imagine that Blogger Bob was interested to see an hour long special called Saving GM, which recently aired on
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