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Historic Roper steam-powered motorcycle at Las Vegas auction - Autoweek
Fri, 28 Oct 2011In September we told you about one of the world's oldest four-wheeled machines going up for auction at an RM event. In January 2012, the perfect companion piece to that $4.6 million horseless carriage is being sold--a 1894 Roper Steam-Powered Runabout motorbike. The Roper bike is the second of two built by Sylvester Roper of Roxbury, Mass., and is regarded as one of the world's oldest, predating the earliest Orient, Indian and Harley-Davidsons.
GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.
GT Academy winner Heitkotter's next step is the 24 Hours of Dubai
Thu, 03 Nov 2011It all culminates in January at the 24 Hours of Dubai: That's when video-game player and GT Academy winner Bryan Heitkotter will race, professionally, with European GT Academy winner Jann Mardenborough in a Nissan 370Z. The GT Academy was a contest that started last December in which Gran Turismo 5 players competed for a seat in a real race car. Thousands entered, 32 players rose to the top, and 16 of those were invited to a seven-day whirlwind racing and evaluation program at the Silverstone circuit in the United Kingdom.