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Your guide to the 2014 Detroit auto show
Tue, 07 Jan 2014It's time for the 2014 Detroit auto show, when the Motor City opens its doors to the world and puts on an event competitive with the best anywhere. It's like Christmastime for enthusiasts. This year's show promises to be a good one, with everything from a new F-150 pickup to a new Lexus sports car to the mighty C7 Corvette Z06.
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.
Ferrari Mille Chili conceept (2007): first official pictures
Thu, 21 Jun 2007By Ben Oliver First Official Pictures 21 June 2007 05:51 The Mille Chili? So this is Ferrari’s green supercar… Yes. Officially it has no name, but internally it’s called the Mille Chili (thousand kilos) and it’s arguably the most important concept car Ferrari has ever shown.