Martin Eberhard, the co-founder and CEO of Tesla Motor, has been included in Business 2.0's list of the 50 persons who matter now. This list, although very subjective, lists the people, products, trends and ideas that are claimed to transform the world of business.
General Motors announced earlier this morning that it has agreed to sell Allison Transmission to two private equity firms. The Carlyle Group and Onex Corp. will purchase both the commercial and military ends of Allison, all for the bargain price of $5.6 billion.
Car sharing service Zipcar has expanded again this time adding two new Brooklyn, NY locations from which members can get a car when they need one. The crowded streets of New York are probably one of the best possible locations for Zipcar service. Not having to deal with the hassle of trying to find a place to park everyday will probably be a great incentive to people who only have need of a car occasionally.
Scion's feeling that it's time for an advertising change, and they're taking the campaign dark. The Toyota offshoot, which is intended to attract young, hip, urbanites with an active lifestyle (whatever the hell that's supposed to mean), is attempting to harden the edge of its image.
In a move that's as predictable as the sun rising in the east and setting in the west, automakers are beginning to offer more sales incentives to boost summer sales figures. Ford is no exception, and as of today, those willing to drive away in a new Blue Oval offering can benefit from zero-percent financing on all new 2007 models. Want to buy a pickup or SUV? Ford will cut you a check for $2,007 in addition to the no interest financing for 36 months. However, Ford and Mercury CUVs aren't benefit
We already brought you the news that BMW is adding their Efficient Dynamics technology to most of their 2008 model lineup, but the Munich firm is also introducing additional changes to the '08 version of the 6-Series coupe. The big coupe and convertible getting some subtle styling tweaks that you will likely miss if look too quickly.
