Category: High Finance

By on December 2, 2014

1280px-Saab_9-5_2.0_TiD_Vector_(II)_–_Frontansicht_(1),_13._März_2011,_Wuppertal

Ever wondered what Indian curry and Swedish meatballs tasted like together? You will soon enough, thanks to a new deal between National Electric Vehicle Sweden and Mahindra.

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By on November 18, 2014

Saturn-Ion-RedLine

The victims and families affected by the February 2014 General Motors ignition switch recall can breathe a little easier, as the deadline to file a claim with the victim compensation program administered by attorney Kenneth Feinberg has been extended.

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By on November 17, 2014

Woman Receiving Car Keys For Her Death Ride 1969 Extravaganza

Consumers looking for a new car may not need to take their wallets to the hospital afterwards should prices continue to fall and incomes continue to rise.

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By on November 14, 2014

ferrari-laferrari-side-doors-open

Set to be its own master within a year’s time, Ferrari must first pay its dues before freedom calls, all to the tune of €2.25 billion ($2.8 billion USD).

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By on November 7, 2014

A sign board of Japanese auto parts maker Takata Corp's Annual General Meeting is seen on a street near the venue in Tokyo

The hits keep coming for Takata as its airbag debacle moves forward, this time with announcement that its annual loss forecast will grow wider than previously stated.

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By on November 7, 2014

Tesla Model S at Tesla HQ

Tesla’s Q3 2014 earnings report had a few pluses (record deliveries of the Model S, high demand for the D trim sedans) and minuses (the third delay of the Model X, removal of brown and green from the Model S palette). The biggest minus, however, was its bottom line: A net loss of $75 million in GAAP income.

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By on November 6, 2014

GM First Day as a Public Company Celebration

Remember all of those bankruptcy protections sought by General Motors that were made against any and all future lawsuits linked to ignition-related accidents and fatalities that occurred prior to the automaker’s exit from said bankruptcy in July 2009? Guess how much it would owe if the shield collapsed?

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By on November 6, 2014

tesla-model-x-09

Were you hoping to have a Tesla Model X next to your Model S sometime in the next few months? How does Q3 2015 sound?

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By on November 5, 2014

Gift Cards Woo-Hoo

Just in time for Black Friday or Black Thanksgiving (for those heathens who really want Alex from Target to scan their cheap HDTV, instead of giving him the day off by voting with their wallets), General Motors will be giving their customers a $25 gift card if they bring in their vehicles affected by the February 2014 recall by December 1.

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By on November 3, 2014

Motorsports / 24h-Rennen Nürburgring

Home to many a ‘Ring time, as well as one 24-hour FIA GT3 throwdown with as many competitors and fans as it can fit, the Nurburgring has found a new owner in Russian billionaire Viktor Kharitonin.

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