Author Archive for Editor
7 step procedure to get most out the coming 2010 E63 AMG
Volker Mornhinweg, who is AMG performance division chief at Mercedes-Benz, offers a seven step procedure to those who are looking to make the most of their new 2010 E63 AMG models. Depress brake pedal completely Shifting transmission to D Switching electric program for sport mode Switching to race-start mode with transmission Clicking upshift paddle Completely [...]
Blink and you’ll miss Ken Block in new Gymkhana video
Explosions, hooks and slides and the destruction of fluorescent light bulbs–all in the name of gaining attention for DC Shoes? Noted rally driver and DC co-founder Ken Block slides his way through Gymkhana Two, a high-performance sequel to his popular Gymkhana Practice video. Block maneuvers a 2008 Subaru Impreza WRX STI, custom-built by Crawford Performance, [...]
One-77, Aston Martin’s A-1 Supercar At Geneva Motor Show
A car with an extremely-limited-edition One-77 by Aston Martin has been unleashed at the Geneva motor show. As it goes with the name, Only 77 copies flagship will be built and supplied in the market by August. Price level for One-77 goes as $1.75 million and is graced with power of 700-hp. It features 7.3-liter, [...]
GM says May U.S. sales best so far in 2009
DETROIT (Reuters) – General Motors Corp on Tuesday reported U.S. sales for May. Highlights: * says U.S. sales are down 29.6 percent in May. * says U.S. May sales total 191,875 vehicles * says U.S. May sales best monthly performance so far in 2009 * reports total truck sales (including crossovers) of 110,866, down 22 [...]
GM has Hummer deal, declines to name buyer
DETROIT (Reuters) – General Motors Corp said it reached a tentative deal to sell its Hummer brand, part of an effort to drop four unprofitable vehicle lines and leave bankruptcy as a leaner company. GM, a day after filing for bankruptcy, said in a statement on Tuesday that it was not disclosing the identity of [...]
Oil Falls Toward $68 From Seven-Month High
Oil fell toward $68 a barrel on Tuesday as prices slipped from a sharp rally to a seven-month high in the previous day. U.S. light sweet crude [US@CL.1 68.15 -0.43 (-0.63%)] fell. On Monday, it closed at $68.58 after hitting $68.68, the highest settlement and intraday prices, respectively, since early November last year on back [...]
GM announces preliminary agreement to sell Hummer
(Reuters) – General Motors announces preliminary agreement to sell Hummer * Says deal could secure more than 3,000 jobs in the United States * Says sale is expected to close by the end of third quarter of this year * Says the identity of purchaser and proposed financial terms of the agreement are not being [...]
OPEC Expert Says Oil Prices Could Fall Again
Oil prices could fall again because fundamentals are still weak, OPEC’s director of research said on Tuesday. U.S. crude [US@CL.1 68.01 -0.57 (-0.83%)] hit a seven-month high over $68 a barrel on Monday amid optimism that the economy would recover, although it retreated below $68 on Tuesday. But oil markets were still weak and the [...]
GM: Workers, Towns Face Life Without Automaker
Pontiac. Mansfield. Spring Hill. Orion Township. All these places once thrived in the shadow of General Motors plants. But now their futures—and their very identities—are in doubt with the automaker’s decision to file for bankruptcy and shut down more than a dozen factories. The closings will cause “a ripple effect, and eventually it’s going to [...]
GM Files for Bankruptcy
GM’s Chapter 11 filing caps a decades-long slide, but it should emerge relatively quickly from court with lower labor and debt costs A once proud and dominant General Motors, which at its peak controlled half the American auto market, filed for bankruptcy court protection on June 1 in an historic act that will see federal [...]
How Rick Wagoner Lost GM
GM’s ex-CEO threw out the good-governance structure in place when he took over, then made bad decision after bad decision, backed by his rubber-stamp board General Motors’ legendary management system and industrial might were once revered by management scholars and business historians; the thought of bankruptcy would have been beyond improbable and indeed laughable. Yet [...]
2010 Buick LaCrosse: Four-cylinder, all-wheel drive signal new direction
Oil back above $72 as dollar slumps
Lotus - Evora - Review
2012 Ford Focus: North America's version of the global car in detail 
Jeep XJ001 prototype makes us grow a moustache to wear Jean cut-offs