PORSCHE, to most people, is a sports car. To me, it can be a time machine. Even a new Porsche loaded with technogadgets— a 2009 911 Carrera S Cabriolet, in this case — stirs fond recollections.
It takes me back to 1967. A red 356 Speedster of uncertain 1950s vintage, tossed from one corner to the next, in and out of fog banks, as I furiously shift through the gears on the drive south on California Highway 1 along the Big Sur coast. The tattered canvas top is flapping in the wind; my girlfriend, wearing a silk bandana and enormous Audrey Hepburn sunglasses, is smiling…Â Details
GMC and Buick survive the cuts, while Saturn, Saab and Hummer will be gone by the end of the year
As he faced the media this week and announced the death of the Pontiac brand, GM CEO Fritz Henderson testily defended the decision by attacking “frankly disconcerting” coverage of whether it should have been the GMC truck brand or Buick to receive the axe.
GM executives have been very protective of Buick, not because it’s been burning up the sales charts in North America — in fact far from it — but because of the brand’s popularity in China… Details
Chrysler LLC has filed for Chapter 11 bankruptcy, CNNMoney.com reported on Thursday. But a deal has been reached to combine the company with Fiat in order to allow Chrysler to stay in business.
The bankruptcy filing, which was made in federal court in New York, comes after some of Chrysler’s smaller lenders refused a Treasury Department demand to reduce the amount of money the troubled automaker owed them.
In remarks at the White House, President Obama said …Â Details