Filed under: Government/Legal, Chrysler, LLC., Earnings/Financials
President Obama has just concluded a televised press conference where he announced that Chrysler will indeed head into Chapter 11 bankruptcy proceedings almost immediately. As part of the same announcement, he noted that the Auburn Hills automaker has reached terms with Fiat and will be headed into a partnership agreement [...]
How To Spend Your Summer Vacation: Five Convertibles for Summer 2009There’s no better way to celebrate the season’s first warm breezes than by sliding behind the wheel of a convertible. But which drop-top should you drive?
In many parts of the country, it has seemed like summer would never arrive, but just recently, the midwest and [...]
Filed under: Aftermarket, Time Warp, Coupes, Sports/GTs, Supercars, Dodge, First Drive
CDC Group 2 Widebody Challenger – Click above for high-res image gallery
The Challenger SRT8 marked the official return last year of the musclecar to the Dodge lineup, and its retro styling, 425-horsepower V8 and tire-shredding capabilities had Mopar enthusiasts giddy with excitement. What, you say, [...]
Filed under: GM
Apparently, the banks and funds that own most of General Motors’ outstanding bonds were not too thrilled with the idea of writing down $27 billion in loans for a mere 10% stake in the restructured company. In response to GM’s proposal to swap debt for stock, a committee of bondholders has made a [...]
First Drive: 2010 Porsche 911 GT3Ignore all of the angst over the Panamera. Porsche hasn’t sold out. It couldn’t have; not when it produced a car like the 2010 911 GT3.
Halfway around the world, crowds gather at the Shanghai auto show to examine the curiously shaped Porsche Panamera. The first sedan in Porsche’s sixty-one-year history [...]
