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UK roads slide in global satisfaction survey
Wed, 22 Jan 2014THE UK has slipped yet further down a league table of roads quality, according to data released in the 2013-14 World Economic Forum report. Having previously sat in an already meagre 24th place, the UK has fallen to 28th, equal to Namibia – and the Republic of Ireland. The study, which is based on people’s perceptions of their own country’s infrastructure, highlights growing dissatisfaction among the British people regarding the state of the road network.
Saturday night's all right at Barrett-Jackson auction
Sat, 21 Jan 2012Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.
Chrysler and Fiat get a new logo, Dutch incorporation, UK tax shelter
Wed, 29 Jan 2014Chrysler Group reported an increase in earnings for the fourth quarter as the launch of the2014 Jeep Cherokee and higher U.S. sales helped the automaker to its third straight annual profit. In a separate announcement today, Chrysler and Fiat said their combined company will be renamed Fiat Chrysler Automobiles NV.