GPS for Sale
Caterham RST-V8 Levante (2008): first official pictures
Tue, 26 Feb 2008By Mark Nichol First Official Pictures 26 February 2008 12:51 This is the Caterham RST-V8 Levante, an example of what happens when a chirpy British sports car turns over to the dark side. The Levante is the work of RS Performance, which has taken an SV chassis, stuffed a 2.4-litre supercharged V8 into the front and coated the lot in swathes of carbon fibre. The result is 550bhp in a chassis weighing little over 500kg.
Teen driving: A look at driver's ed
Mon, 04 Sep 2006More than 5,000 teens die in car accidents each year, and more than 300,000 are seriously injured. For many, the state-required tests to earn a license are thought to be ample enough. However, advocacy groups, vehicle manufacturers and even tire manufacturers are providing funding for advanced driving programs to supplement the state-required driver training programs.
Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.