Just One Man’s Opinion
30
Jun
I know the raising gas prices affect everyone. It cost more to deliver the product, so prices on a gallon of milk goes up. Gas prices affect the cost of running a tractor, so the price of a head of lettuce goes up. Tourists are down because people are staying home and just don’t have [...]
27
Jun
Even though Toyota sales are down in the U.S., they are spending money. Toyota Motor Corporation is upping its stake in Subaru by buying 61 million more shares (worth $300 million) of Fuji Heavy Industries Ltd., which owns Subaru cars. Toyota already owns 9.5 percent of Subaru and will increase that to 16.6 percent. [...]
26
Jun
According to a Swedish business publication Dagens Industri (via Autonews.com), they are reporting that Ford Motor is in negotiations with a Chinese Company. It’s also believed that a Russian investor is interested in acquiring Volvo.
Media reports suggest talks are with SAIC (Shanghai Automotive Industry Corp.).
Volvo cars said it will cut 2,000 jobs, in an effort [...]
26
Jun
The Smart car might be new in the U.S., but they have been around for a few years in Europe and the U.K. I guess with the gas prices rising in every corner of the world, would a Smart Police car work? According to velocenews.com, London Metropolitan Police Service (MPS) is taking park of a [...]
24
Jun
So you’re rich, but not super rich. You can afford to buy a new BMW every year, but just don’t have enough dough to buy a $590,000 Saleen S7 supercar? Well, have you thought about renting? Gotham Dream Cars, with locations in Manhattan and Miami, just added it to its fleet. For a small sum [...]
20
Jun
Daimler wants two electric cars by 2010. CEO Dieter Zetsche I guess has seen the future and wants to make electric cars. Most likely it will be from the cute little (and I do mean small) SMART Car company and possible Mercedes-Benz A-Class or B-Class. Price would depend on whether the batteries are sold with [...]
17
Jun
PSA (Peugeot-Citroen) and Mitsubishi are working even more closely, they have announced they will work together in the electric car sector. They are working towards a small urban electric vehicle in the near future.
Mitsubishi is one the leading manufacturer of electric cars in Japan and will be coming out a iMiEV electric car in [...]
16
Jun
Nissan will be bringing over its new clean-diesel Nissan Maxima for 2010. However, the only transmission option is a manual. Why does it only come with a “man-pedal”? With the extra power of a turbocharger, Nissan feels that the lag between stepping on the accelerator and feeling the turbo kick-in on a diesel may turn [...]
11
Jun
Audi is going to come out with a new “four-door Coupe” in June 2010. This will be slotted between the A6 and the top of the range A8, called A7. The A7 is planning to be a hardtop and a soft-top convertible. Audi’s bosses are quoted that they want to be the first carmaker to [...]
10
Jun
Aston Martin is in the process of going public within the next three years on the London Stock Exchange. The listing could have a value of about £500m, which will help finance the next models and fund engine development work.
Source: thisismoney.co.uk