For that price, a rare species of car owner gets a rocket that gleams across the planet’s surface faster than any true production automobile that has come before.
With the average American spending almost two hours a day in a car, according to the Ecology Center, there is ample opportunity for exposure to toxic chemicals.
The automotive after-market parts and accessories industry, which holds its biggest gathering annually at the Specialty Equipment Market Association's trade show, would appear to be still alive, if not quite as well as it used to be.
Toyota Motor said it had returned to a profit in the latest quarter as aggressive cost cuts, government incentives and signs of a global recovery buoyed its bottom line.
Chrysler had $5.7 billion in cash on hand at the end of September, up from the $4 billion it had in June after emerging from bankruptcy, its chief executive said.
The National Highway Traffic Safety Administration publicly rebuked Toyota, accusing it of putting out "inaccurate and misleading" information about the unintended acceleration problem that could affect 3.8 million vehicles.
Meguiar's, known for its car waxes, has cast a bit further afield with a new line of "designer" car wraps. It's called Wraptivo, and it is essentially a plastic product made by 3M that shrink-wraps onto the surface of a vehicle, with the deft use of a blow dryer.
Thanks, GM. Months and months of coverage, analysis and speculation and what happens at the board meeting Tuesday night? "Tell you what, boys, why don't we just keep Opel and restructure it ourselves?"
Car sales in Western Europe grew by 16.5% year-on-year in October according to data released by analysts at JD Power who also told just-auto today that the outlook for 2010 is for a market drop of 10%.
Magna International has reported a surprise third quarter operating income of US$81m, net income of $51m and earnings per share of $0.45, increases of $193m, $266m and $2.38, respectively, year on year, benfiting from cost cutting an restructuring started last year as the credit crisis hit the auto sector. Total sales fell 16% to $4.7bn.
Magna does not plan to seek compensation from General Motors after its decision not to sell subsidiary Opel to a consortium headed by the Canadian based supplier.
If you turned the Jodrell Bank radio-telescope on its side and filled it with cornflakes to create one colossal breakfast bowl, you would still have fewer cornflakes than there are kilobytes residing in just-auto's automotive research archive. Dave Leggett dives in to the cornflakes, sorry kilobytes, in search of a few interesting factoids to brighten your Friday arvo (links are to articles freely available to all).
General Motors has said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit.
Germany's finance minister on Friday indicated a readiness to offer General Motors aid to help restructure Opel/Vauxhall, saying the government felt a "responsibility" for the firm's 25,000 German workers.
Opel chief Carl-Peter Forster is leaving the company after the surprise decision by GM's board this week to block the sale to a Magna-led consortium, Spiegel Online reported on Friday.
A South Korean court Friday delayed its decision on whether to approve a rescue plan for debt-burdened carmaker Ssangyong Motor after creditors failed to agree on it.
