After four years in Chapter 11 protection, GM’s largest supplier Delphi is returning to the land of the living. For now. Along the way, though, Delphi racked up some impressive bills. Automotive News [sub] estimates that GM has spent $12.5b on Delphi during its bankruptcy, and has pledged a further $1b in debt assumption, $2b [...]
Read The Full Article:
http://www.thetruthaboutcars.com/delphi-exiting-bankruptcy/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!With September over and fall fast approaching, it’s time once again to prepare for the season of crushing debt. All too happy to accommodate is the Neiman Marcus Christmas Book, which every year features an exclusive edition of the coming year’s hottest luxury vehicle. This year’s debutante is the 2010 Jaguar XJL Supercharged Neiman Marcus [...]
Read The Full Article:
http://www.ridelust.com/2010-jaguar-xjl-supercharged-neiman-marcus-edition-debuts
-in-annual-christmas-book/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Honda has shown a new, near-production version of its forthcoming CR-Z hybrid sports coupe. According to this video, Honda is calling its design language “Advanced Sensual Bullet.” You feeling it? If not, research is already underway on modifications to make the neo-CRX look more like the ur-CRX. And styling aside, the contrast between the CR-Z [...]
Read The Full Article:
http://www.thetruthaboutcars.com/honda-cr-z-version-2-0-advanced-sensual-bullet/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Stupid iPhone won't work with stupid European cell system, even though it's supposed to and the other U.S. iPhones on this trip do. Stupid!
Read The Full Article:
http://blogs.edmunds.com/karl/2009/10/tweets-on-cars-stupid-iphone-wont-work.html
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Apparently there’s an unwritten rule in the automotive industry that in order for your EV to even be considered for widespread commercial success, it must be extremely weird and you presentation of it even weirder. Adhering perfectly to that design rule is the Toyota FT-EV II Concept, Toyota’s companion piece to the original Future Toyota [...]
Read The Full Article:
http://www.ridelust.com/toyota-ft-ev-ii-concept-continues-traditional-penchant-fo
r-the-peculiar/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Bloomberg reports that the US International Trade Commission has launched a probe of alleged patent violations which could result in the banning of all Toyota hybrids from the US market. Paice LLC won a 2005 civil suit against Toyota, in which Paice’s founder Alex Severinsky sought a court order banning the sale of Toyota’s Prius, [...]
Read The Full Article:
http://www.thetruthaboutcars.com/toyota-hybrids-facing-us-market-ban/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Audi’s US market product plans have been spilled to Automotive News [sub], and there are a few surprises in the mix. The e-tron all-electric R8 has reportedly been given a green light for production within two to three years. Staying with Audi’s EV plans, there’s word that the Europe-only A2 could be brought back as [...]
Read The Full Article:
http://www.thetruthaboutcars.com/audi-approves-r8-ev-a3-sedan-for-us-market/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!
Read The Full Article:
http://www.newcarpark.com/blog/?p=258
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!The Federal Trade Commission has announced revised rules guiding advertisement, endorsements and disclosure for bloggers. These new rules will particularly affect car bloggers, due to the heavy influence that advertising relationships exert in editorial decisions by auto journalists. And the seemingly undying trend in mainstream auto “journalism” towards pimpatorials. Needless to say, they also validate [...]
Read The Full Article:
http://www.thetruthaboutcars.com/federal-trade-commission-orders-%e2%80%9cclear-a
nd-conspicuous%e2%80%9d-disclosure-for-blogs/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!Late yesterday evening, reports broke that the Swedish government had agreed to guarantee Saab’s request for a $585 million European Investment Bank loan apparently needed to secure Koenigsegg’s tentative bid for acquisition. Today, a spokeswoman for Swedish Industry Minister Maud Olofsson stressed that although the government has tentatively approved the disbursement of funds, the transaction [...]
Read The Full Article:
http://www.ridelust.com/swedish-gov-grants-saab-585m-loan-leaves-volvo-for-the-bu
zzards/
Add to del.icio.us
Digg this
Post to Furl
Add to reddit
Add to myYahoo!
Powered by blogdig.net