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Car-sharing programs hit the big time
Thu, 26 May 2011Rental-car company Getaround introduced its business plan for “peer-to-peer car sharing” on May 24 at the Tech Crunch Disrupter conference in New York City. Unlike other car-renting and car-sharing companies such as ZipCar, Getaround works by connecting potential car renters with willing car owners via an iPhone app. All Getaround vehicles are privately owned.
Are Peugeot Citroen set to be bought out by GM?
Fri, 28 Jun 2013Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.
Lincoln shows restored 1934 Edsel Ford Speedster at Pebble Beach
Sat, 20 Aug 2011Lincoln unveiled Edsel Ford's restored 1934 Model 40 Special Speedster on Friday during a ceremony on the lawn at Pebble Beach. The one-off car, lost for more than 40 years, was acquired by the Edsel and Eleanor Ford House in 2009 and treated to a complete restoration. According to the company, Edsel Ford originally commissioned the Speedster after visiting Europe and growing enamored of the small sports cars on the continent.