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Archive for the ‘Automobile’ Category

24
Feb

Chrysler Owner Willing to Gamble with Taxpayer Money, not its Own

When General Motors and Chrysler asked Washington for more money last week they took very different approaches. In exchange for an extra $17 billion from taxpayers — on top of the $13 billion it had gotten since December — G.M. said it would reduce costs by shuttering plants, cutting brands and slashing 47,000 jobs, about a fifth of its remaining work force.

For its $5.3 billion — on top of the $4.3 billion it has received since December — Chrysler offered little more than an assurance that it has already cut costs and accomplished most of what it had to do to become a valuable, viable company. It offered to trim production by a paltry 100,000 units — leaving it with capacity to make almost one million vehicles more than it will sell this year — on the questionable assumption that demand, and its market share, will bounce back next year…  More info… 

24
Feb

Do 80% of the Obama administration’s auto team drive imports? Problem for domestic manufacturers?

Of the eight members and 10 senior policy aides named on Friday to the Obama administration’s Presidential Task Force on the Auto Industry, only two drive vehicles built by Detroit automakers, raising some concerns in the Motor City. Co-chairs Timothy Geithner and Lawrence Summers both drive Japanese-badged automobiles, an Acura TSX and a Mazda Protege, respectively.

According to the Detroit News‘ research, only Gene Sperling, counsel to the Treasury Secretary, and Rick Wade, a senior adviser at the Commerce Department, own American-badged cars. Sperling owns a 2003 Lincoln LS and Wade has a 1998 Chevrolet Cavalier… More Info… 

23
Feb

Automobile NASCAR – Auto Club 500 results

FONTANA, Calif. — Results Sunday from the Auto Club 500 race for NASCAR’s Sprint Cup Series at Auto Club Speedway, listing starting position in parentheses, driver, car, reason out if not running at the finish, laps completed, driver rating, points and money won:

1. (24) Matt Kenseth, Ford, 250 laps, 131.4 rating, 195 points, $341,615.

2. (6) Jeff Gordon, Chevrolet, 250, 133.7, 175, $240,926.

3. (10) Kyle Busch, Toyota, 250, 110.1, 165, $211,648.

4. (5) Greg Biffle, Ford, 250, 122.1, 165, $161,200.

5. (4) Kurt Busch, Dodge, 250, 111, 160, $133,900.

6. (23) Denny Hamlin, Toyota, 250, 99.9, 150, $129,025.

7. (25) Carl Edwards, Ford, 250, 102.3, 151, $155,181.

8. (11) Tony Stewart, Chevrolet, 250, 101.9, 147, $139,748.

9. (2) Jimmie Johnson, Chevrolet, 250, 121.3, 143, $160,526.

10. (1) Brian Vickers, Toyota, 250, 85.2, 134, $141,473.

…  More info

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23
Feb

Motorcycle, Mt bike, ATV, BMX – Thrillbillies Double Wide – Travis Pastrana chunk 4

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