May 31
Yesterday we covered some foreign car engines - misfits, sentenced the junkyard but commandeered for experimental aircraft service as their only hope for redemption. Today, still wanted by the government, they survive as soldiers of fortune. If you have a problem, if no one else can help, and if you can find them, maybe you [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 31
The AP (via Yahoo) reports that Chrysler will ask Judge Gonzalez to cancel “at least” 800 dealer franchise agreements on Thursday. The news comes from lawyers of Cincinatti firm Squire, Sanders & Dempsey who are organizing opposition to the move. Automotive News [sub] has more on the effort, reporting that the National Automobile Dealers Association is [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 31
It’s not news per se. After all, we knew that Wilmington was on GM’s “endangered plant” list. But the idea that GM will somehow attract a buyer for a factory that builds a dead-in-the-water sportscar is laughable. After all, Chrysler still hasn’t found a home for its Viper nameplate, a brand that carries far more [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 31
In case you missed it, we’re giving away two copies of the newly-released Top Gear Season 10 on DVD.Winning is easy - just head over to the contest page, read through the rules, and let us know in the comments section what you think the guys from Top Gear should do for their next challenge. [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 31
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 31
The Ford-as-Survivor meme has properly taken hold in the mainstream media. But how much of the cheerleading is wishful thinking? Matt Debord of thebigmoney.com figures there’s no reason to get to excited about Ford’s $300m stock offering, and indeed Ford’s stock is down considerably today. But Ford’s troubled supplier Visteon turned a $2m Q1 profit, [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 30
Submitted by Suede and Chrome Blog As we walked around and checked out all of the vehicles, I was wishing that I had driven the Nifty Fifty to the show. There are still a couple of things I’d like to get done before we host the Wilbur Wright show on June 20th. I’ve got a split manifold [...]
May 30
Folks, we’re well into headless chicken territory here, as GM slides towards an end-of-the-month bankruptcy filing, pretending that it has clue one what to do next. Automotive News [sub] reports the latest End of Days delusion. GM’s circulating a “plan” amongst its legislative sponsors announcing its intention to sell 17,335 Chinese made somethingorothers in the [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 30
Automotive News [sub] reports that Vice Chairman of Global Product Development, Bob Lutz, has cashed in his GM chips, selling all his remaining shares in his bankruptcy-bound employer. The ex-Car Czar dumped 81,360 GM shares, slipping $130,989 into his pocket. The sale follows Lutz’s recent filing in Chrysler’s bankruptcy case: an effort to settle an [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks
May 30
Credit Default Swaps (CDS) are a fairly complicated financial instrument. The bottom line: a significant number of GM debt holders stand to make more money if GM defaults and enters Chapter 11 than if it doesn’t. “According to the Depository Trust & Clearing Corporation, investors hold $34bn in CDS on GM,” the Financial Times reports. “Once off-setting positions are [...]
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HotRides: The best car / auto posts from around the web
The best car / auto posts from around the web. New Cars, Classic Cars, Car Mods and hacks