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High Point, North Carolina, US
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Aston Martin takes Vantage V8 N420 out on the 'Ring
Fri, 12 Nov 2010WITH VIDEO -- Aston Martin, which has made a habit of running cars at the Nurburging 24-hour race for the past five years, has taken a special-edition Vantage V8 back to the track. The V8 Vantage N420 will make its U.S. debut in August at the Pebble Beach concours.
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.
Mitsubishi readies concept for … Bangkok?
Mon, 04 Mar 2013While Lamborghini, Ferrari and McLaren are getting ready for the Geneva motor show, Mitsubishi continues to zig by revealing a concept for the 34th Bangkok International Motor Show. The Concept G4 is a compact sedan powered by a 1.2-liter MIVEC engine with a CVT. Mitsubishi says that the sedan carries the company's next-generation styling, including a diamond motif in the front grille, new headlights and an aggressively styled rear fascia.