Archive | May, 2011
Hertz offers $2.24 billion for Dollar Thrifty

Hertz offers $2.24 billion for Dollar Thrifty

Hertz, which is the largest publicly traded rental-car company, offered a bid to buy Dollar Thrifty Automotive Group Inc. for $2.24 billion in cash and stock. The bid tops one made by Avis about a year ago. Hertz’s bid comes in at $72 a share, 24 percent more than Avis’s offer. After Hertz made its [...]

Continue Reading
Report: Ferrari 599 to skip makeover, next-gen coming in 2012

Report: Ferrari 599 to skip makeover, next-gen coming in 2012

The Ferrari 599 has been around with us for about five and a half years so naturally, you’d expect them to give the 599 a new refresh and maybe a new model, rendering the previous versions completely obsolete. Yea – uhm, no. Because the Ferrari FF a la their braking breaking new “shooting brake” model [...]

Continue Reading
Auto industry going through shifting of poles, Detroit 3 on the rise

Auto industry going through shifting of poles, Detroit 3 on the rise

There is definitely a shifting of the poles going on in the matter of leading auto-manufacturers. All 3 Detroit companies are on the rise, while Toyota is rapidly losing market share, and GM is flush. BMW and Mercedes have overtaken Lexus to do battle for the top luxury spot in the US, and the Koreans [...]

Continue Reading
Continental developing stereo camera to reduce the number of pedestrian injuries

Continental developing stereo camera to reduce the number of pedestrian injuries

Providing a great leap in pedestrian safety, Continental has developed a new stereo camera system to reduce the number of serious injuries connected to pedestrian related car accidents. The system utilizes two high-resolution cameras working in stereo with each other to actually detect pedestrians in the way of the car, and provide an emergency stop. [...]

Continue Reading
Lincoln wants to build a world-class luxury brand and grow sales

Lincoln wants to build a world-class luxury brand and grow sales

Ford has been making a stark effort to re-image the Lincoln brand, even going so far as to put an 80-some-odd person team behind the marketing efforts. Ford still hasn’t indicated the willingness to sink resources into the brand the same way GM did with Cadillac, and that causes doubt that Lincoln will be able [...]

Continue Reading
SR Project Ferrari 458 Italia is called Project Zeus

SR Project Ferrari 458 Italia is called Project Zeus

The Ferrari 458 Italia, like other stallions from the Italian automaker, is slowly coming one of the most tuned vehicles ever. Today, a Canadian tuner, SR Project, releases their take on the 458 Italia. Known as the Project Zeus, the modified Ferrari 458 Italia gets a gloss-black roof, rear lip spoiler, side skirts, rear skirts [...]

Continue Reading
Saab names ex-Subaru executive as North American CEO

Saab names ex-Subaru executive as North American CEO

Saab announced that a former Subaru executive has been hired to run its North American operations. The struggling Spyker Cars owned brand named  Timothy Colbeck as the president and CEO. He will be responsible for overseeing its largest market. Colbeck has 25 yeras of experience in the U.S. auto industry with Subaru in sales, e-business, [...]

Continue Reading
BMW selling parts, accessories on eBay store in UK

BMW selling parts, accessories on eBay store in UK

BMW of UK has announced that it will start selling parts and accessories direct to owners for the first time, through a new partnership with eBay, the leading online retailer. Known as ‘BMW Direct’, which is now live on eBay.co.uk, will help BMW UK satisfy the growing demand from enthusiasts for purchasing original parts online. [...]

Continue Reading
Rick Hendrick builds his own Chevrolet Corvette Z06 Carbon Edition LS7 engine

Rick Hendrick builds his own Chevrolet Corvette Z06 Carbon Edition LS7 engine

Rick Hendrick, one of the world’s most important figures in NASCAR Sprint Cup Series racing is building his own 7.0L 505-horsepower LS7 engine that will go into his new 2011 Chevrolet Corvette Z06 Carbon Edition. Hendrick is the 13th participant to build his own engine at the build center. “For me, participating in this engine build [...]

Continue Reading
Designer dreams of yacht inspired by Bugatti Veyron Grand Sport Sang Bleu

Designer dreams of yacht inspired by Bugatti Veyron Grand Sport Sang Bleu

Yachts seem to be a favorite you of luxury supercar buyers and it would be a dream come true if a supercar brand built their very own yacht to go hand-in-hand with a respective model. Following that belief, designer Ben Walsh has come up with a new yacht inspired by the Bugatti Veyron Sang Bleu Grand [...]

Continue Reading