VIDEO: World's Fastest Jet Pack vs. Ford Focus RS
Click above to watch video after the jump
Click above to watch video after the jump
Tesla Model S – Click above for high-res image gallery
Maserati Quattroporte limousine – Click above for an image gallery
Russian Prime Minister Vladimir Putin himself has said that at the behest of Magna, Russia's GAZ conglomerate is considering taking a 30% interest in Opel. GAZ, though, has made it clear that it does not want to run or own Opel – what it really seems to want is to have cars to produce at its factory in Nizhny Novgorod. Under such a proposal, Automotive News reports that Magna would take 20% of Opel.
A good number of people may think they are getting a great deal on their cell phone service until they look at how many of the 1,400 or 2,000 (or more) minutes a month from their plan they actually use. If you only use 50 minutes of a 1,400 minute plan it can work out to a steep $1.60 per minute, depending on the particular plan's cost. The moral: Whenever you buy in bulk, take care not to over-buy.
Carlos Ghosn became Nissan's chief operating officer in 1999, initially declared that he would remain in the job for a maximum of ten years. At the time, Nissan had $13 billion in debt, a history of losses, and an almost completely forgettable product lineup. Now, on the eve of his ten-year anniversary and after a success story that few expected, Ghosn says he won't step down until Nissan is clearly profitable again.
When is a profit not a profit? When it's the result of bankruptcy prevention measures, like Visteon's report of a $2 million profit during the first quarter of 2009. The auto supplier is reporting that each share earned two cents during the period, compared to a $105 million loss last year. The company's books saw a gain after sending its British operations into Chapter 11, an occurrence that will not be repeated. The one-time nature of the accounting measures doesn't bode well for the next thre
Bicycles can be a great way to reduce fuel consumption. They are efficient, relatively inexpensive, easy to store and care for and are often a fun way to score a little exercise while also getting you where you need to go. Of course, it's not always practical to pedal, which is one big reason that electric bikes are gaining in popularity so quickly.
The Maserati Granturismo Cabriolet, a formerly mythical car known only in whispers and press reports, has finally been caught testing by Ms. Brenda Priddy and crew.
According to Automotive News, twenty Fiat engineers have visited Chrysler headquarters to begin merging the companies' product planning departments. The current Fiat cars that will soon go on sale as Chrysler models, though, will still need some 18 months in order to be homologated according to U.S. federal regulations.