Posts Tagged ‘forbes’

Forbes names Top 10 Guilt-Free Luxury Cars

Thursday, June 26th, 2008
In today's economy of high gas prices, luxury automobiles get a bad rap. However, Forbes points out, some luxury sedans and SUVs are frugal in their fuel consumption, and even retain a healthy amount of their residual values. Based on those two main factors, Forbes.com has named their Top Ten list o......

Nissan, Ghosn bracing for the worst

Wednesday, June 25th, 2008
Times are tough in the US auto industry, and Nissan CEO Carlos Ghosn doesn't see the situation improving any time soon. Ghosn and company are planning under the assumption that overall US sales won't break 15M units for the year, which is a substantial 2M units less than just three years ago. To com......

VW CEO threatens to resign if Porsche interferes

Monday, June 2nd, 2008
It looks like Porsche's aggressive advances at Volkswagen are less than welcome by Volkswagen's management. Its CEO, Martin Winterkorn, has warned Porsche to keep its mitts out of operations, saying that he will resign his position if there's interference. Winterkorn isn't alone in his agitation, as......

Forbes lists the Top 10 Fastest Fictional Cars

Thursday, May 15th, 2008
Employing research that they certainly did not get from AOL Autos, Forbes is at it again with a list of the Top 10 Fastest Fictional Cars. One of the things we find odd about the list is that there are a number of cars included that you can actually buy or make pretty easily, like James Bond's Aston......

BMW/PSA engines to be used in more than just the MINI, 7-series hybrid coming

Tuesday, May 6th, 2008
BMW and PSA teamed up to produce the 1.6-liter four-cylinder currently found in the R56 MINI Cooper, but according to an interview with BMW CEO Norbert Reithofer, the four-pot will also find its way into the BMW 1-series. The pre-release of his interview in the Frankfurter Allegemeine Zeitung didn't......

Forbes comes up with top-ten most expensive luxury cars to repair

Tuesday, May 6th, 2008
Buying a luxury car or SUV is the dream of many readers, and while a BMW or Mercedes will buy you some instant street-cred, they'll also cost you an arm and a leg if it ever needs fixing. A repair that may be no big deal for a Chevy Cobalt can cost much more in a luxury vehicle due to high-tech gadg......

Babygate: Porsche CEO’s hotel room bugged with baby monitor

Monday, April 28th, 2008
It's far too early to come up with suitable jokes to make, so we'll just give you the facts. According to Germany's Der Spiegel magazine, Police are investigating a case of corporate eavesdropping in the form of a baby monitor that was found in the hotel room of Porsche CEO, Wendelin Wiedeking. Wied......

Fisker Karma to project a jet turbine sound using speakers

Friday, March 14th, 2008
Click above for more high-res images of the Fisker Karma Every automaker realizes that they need to make their vehicles consume less gas, reduce emissions and lessen their overall effect on the environment. One obvious way to make this happen is to go electric, but that solution poses its own host o......

Report: Consumers want cup holders, not fuel economy

Wednesday, March 12th, 2008
Consumers prefer cup holders and heated seats over fuel efficiency, according to CNW Marketing Research. That's right, we all talk about how we want our vehicles to be environmentally friendly and easy on gas, but when it comes down to it, what we really want are things to hold our coffee and keep o......

Bajaj raises stake in KTM

Wednesday, January 23rd, 2008
Bajaj Auto plans to increase its stake in Austrian motorcycle maker KTM Power Sports by 25% to 30% over the next few months, said Managing Director Rajiv Bajaj. In November, Bajaj Auto acquired 14.5% of KTM for about $76 million, and subsequently increased that to 20.9%. “When we move into a more ......