Carpocalypse Now
GM announced today they will close their air transportation service center at Detroit Metro Airport, sell four of their planes and transfer whatever plane/s they decide to keep to another operator in order to at least appear frugal.
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Question of the Day
The Not-So-Big Three are heading to the hill, hat-in-hand and plane-in-hanger, in an effort to get the bridge loans they need to make it across the troubled economic waters. What should they say?
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We're All Gonna Die In Our Cars
You could be forgiven for thinking New Year's Eve is the most dangerous driving holiday, but you're wrong. Based on NHTSA data, New Year's Eve is actually the fifth most dangerous holiday for driving. The deadliest? Thanksgiving Day. The reason?
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Carpocalypse Now
Ford today announced a plan to turn around its business, claiming it allows them to reach break-even level or profit by 2011. The plan includes building a battery-electric commercial van by 2010 and a BEV sedan by 2011.
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Carpocalypse Now
Finally aware of how bad the not-so-Big Three looked for
flying to D.C. for the previous round of "bridge loan" hearings in fancy corporate jets, Ford promises CEO
Alan Mullally will be taking a car for the eight-hour trip to Washington, D.C. for the next round of talks. There's no word yet on which Ford product he'll drive, leading to the inevitable question: what will Mullally drive to D.C.?
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Commenter Of The Day
Before there was
Pets.com and the dot-com bubble burst there was an even stranger financial boom and bust centered around the trading of tulips in mid-17th century Holland. As the flowers, especially rare breeds, became popular the market for the Tulip bulbs increased dramatically with contracts being traded on the future growth of flowers that were, essentially, futures. The prices became insane and, eventually, everyone wanted to get into the Tulip market. Then a group of traders at an auction decided it wasn't worth paying a trunk full of guilders for a few flowers. Quickly, panic spread across the market causing it to collapse. Despite this insane market failure the Dutch economy survived without too much in the way of disruption. Why? One reason is the Amsterdam Stock Exchange wouldn't engage in the Tulip market because it was insane and demonstrated irrational exuberance (the good old days). In the ongoing
Carpocalypse we can debate the rationality and irrationality of certain auto industry functions, such as the
threatened UAW Job Bank, but nothing beats an
Ash78 analogy.
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showagon
The moment the
Ford Taurus SHOwagon listed on eBay was posted here the bidding for the rare item suddenly jumped up. We thought this was because we're awesome and moved tons of traffic in the power-wagon's direction. No. In fact, the real culprit was our very own Commenter Admin / Cotomer Sevis Rep
Pete Gaines. Not only did he drive the price up past its low reserve, he was able to purchase the car for the steal-of-a-deal price of just $3,000. His plans for the sweet new ride?
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Alternative Energy
A pair of Canadian environmentalists have embarked on a four-month journey to break the Guinness World Record for "longest journey by a car using alternative fuel" by traveling 45,000 km (27,961 miles) across North America in a Japanese-import
Mitsubishi Delica 4x4 van converted to run on waste vegetable oil (WVO/SVO) while doling out green wisdom to school children. The current record is held by an all-German team and their natural gas-powered Volkswagen Caddy, which traveled just 23,697 miles across Europe, but we think the Canadians may just be able to do it. The reasons?
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