33 Articles
Official
Mercedes delivers new Popemobile in Rome

Catholics already have a celebration in December in honor of a figure with a nine-month gestation, and that's exactly how long it took the latest Mercedes Benz Popemobile to go from conception to delivery. While The Messiah arrived in a manger, the new Popemobile was delivered by company head Dieter Zetsche, who said "It is an honor for Mercedes-Benz to be accompanying His Holiness Pope Benedict XVI on his future journeys with our new Popemob

Motorsports
New Columbus, Ohio racetrack attracting NASCAR hopes? [w/video]

Michael Waltrip has announced that he and his race team will be investors in a new racetrack coming to Columbus, Ohio. The Sports Pavilion and Automotive Research Complex is currently being developed on the site of the city's Cooper Stadium and will include a half-mile track and seating for 8,500 spectators. A 50,000 square-foot office building will provide research space while an on

Report
A123 winning bid from China's Wanxiang prompts concern in Congress

The Detroit News reports that China's Wanxiang Group Corporation will acquire almost all of bankrupt A123 Systems Inc. for $256 million. The deal includes all of the American battery manufacturer's grid and commercial business assets as well as the company's facilities in Michigan, Massachusetts and Missouri. Meanwhile, Woodridge, Illinois-based Navitas Systems will purchase all of A123 Systems' government contracts for $2.25 mill

Official
Saab's Phoenix platform to get second life with Spyker/Youngman deal?

Who knew that Jay Z was talking about Spyker founder and CEO Victor Muller when he sang, "I'm a hustla, baby, I just want you to know, it ain't where I been but where I'm 'bout to go..." The visionary Dutchman has concluded a deal with with Youngman – a partner since the whirlwind days of Saab – to inject money into Spyker, build cars off the Phoenix platform

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