If you like auto options, now is the time to move, says Goldman Sachs. The firm is recommending that investors buy options ‘straddles’ on FoMoCo and GM ahead of this months NAIAS in Detroit. It says that Detroit may be a bigger catalyst for stock prices than in the past. “This year’s auto show is [...]
Its been talked about around Washington for quite some time now, and President Obama has officially signed a bill that will require ‘quiet cars’ to come equipped with sound emitting devices to help alert the blind and other pedestrians. While many other automotive safety bill shave stalled out in the wake of the Toyota recall [...]
It all started in October 2010… wait, no – it actually all started in June 2010 when General Motors unveiled the 2011 Buick Excelle GT in China. Yes, the Buick Verano is just a rebadged version of China’s Buick Excelle GT. In October 2010, GM confirmed that it will invest $145 million into its Orion [...]
General Motors is making some huge headlines at the 2011 Consumer Electronics Show this year. The company’s OnStar divison has already made some big announcements and today GM and Powermat announced that they will bring wireless charging technology to the Detroit automaker’s future lineup of Chevrolet, Buick, GMC and Cadillac vehicles starting mid-2012. What is [...]
Mini has teamed up with the guys over at Pandora to develop the first third party app for its Mini Connected service. When completed, the Pandora internet radio will be available to Mini owners at no charge to access and control Pandora through the existing MINI Connected system. “Integration of Pandora has been highly requested [...]
In 2010, Toyota cashed out a lot of money to the United States government for not reporting recalls in a timely manner. Today, Toyota is getting some money back, something that must be very exciting for the Japanese automaker. Toyota has been awarded $2.6 million in damages against a former in-house attorney who turned into [...]
Just because Lotus is planning a slew of new supercars that will allow it to compete with the likes of Ferrari, Lamborghini and Aston Martin vehicles, it doesn’t mean that the British automaker is ditching its current lineup. According to AutoCar, Lotus is planning a range of updates to existing models including the Exige and [...]
The guys over at Axell Auto have released the first teaser images of their widebody kit for the Nissan GT-R and it reminds us of something out of the Fast and Furious series. The kit by Axell adds a very aggressive front fascia, modified fenders, aerodynamic side skirts a new rear-diffuser, a large wing and [...]
BMW is considering options to add artificial sounds to its range of upcoming electric-vehicles to make them safer for pedestrians, especially blind pedestrians. Rivals Audi and Mercedes-Benz said that they are already developing sounds for their upcoming electric-cars and Nissan and Infiniti have already unveiled their solutions for EVs so they don’t pose a threat [...]
Earlier this week we heard a short report stating that Porsche plans to show a coupe concept version of the 918 Spyder at the 2011 Detroit Auto Show next week. Porsche has promised to show “something spectacular” at the show and we now have more details from sources. According to two insiders familiar with the plans, [...]
