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Wolcott, Connecticut, US
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The great Tesla bubble of 2013
Thu, 03 Oct 2013Do I go too far out on a limb to suggest Tesla is the modern-day version of the Great Tulip Bubble of March 1637? Remember, that was when speculators drove prices of just-introduced tulip bulbs to astronomical heights. Some single bulbs cost more than 10 times an average working man's salary.
GM, Ford, Chrysler advance as market recovers from May dip
Fri, 01 Jul 2011Automakers, aided by a rise in pickup demand and new models such as the Chevrolet Cruze, Fiat 500 and Ford Focus small cars, posted higher U.S. sales in June. Sales rose 11 percent at GM, with car demand climbing 28 percent and pickup truck volume up 15 percent.
Families spending less on transport - new figures revealed
Thu, 12 Dec 2013THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.