Packard Motor Car Company - Custom Engraved Dash Plaque on 2040-parts.com
South Boardman, Michigan, US
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Tesla pays off its government loans
Thu, 23 May 2013Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.
New Hyundai i30 Tourer on sale from £16,195
Fri, 22 Jun 2012The new Hyundai i30 Tourer (Estate) will come in four trim levels and a choice of two engines and cost from £16,195 when it goes on sale in July. Not only has Hyundai UK had their abacus out to come up with a price for the new i30 Tourer (it starts at £16,195) they’ve also had their box brownie out and snapped a few photos of a real live UK Hyundai i30 – including the interior. So now we know the new i30 Estate has an interior that looks just like the i30 Hatch and you don’t have to have a brown paint job.
Ford, GM work together on new nine-, 10-speed transmissions
Mon, 15 Apr 2013Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.