Ford Shows E85 Escape Hybrid
As Ford promised earlier in the week in its Way Forward
restructuring, it's looking to ethanol power to "green" up its vehicle fleet. On
Wednesday, at the
2006 Hybrid Buyers' Guide by TCC Team (10/17/2005)
What to look for in the new wave of fuel-sippers.
Kerkorian Dips Back into GM Well
Kirk Kerkorian's Tracinda Corp. is at it again. The company is buying up twelve million shares in General Motors, an amount equal to the shares Tracinda sold in December, according to the Associated Press. With the latest moves, Kerkorian's share in the world's largest automaker will rise again to 9.9 percent. Tracinda is said to have sold the stock to take advantage of tax laws and year-end write-offs. GM, which will announce its 2005 and fourth-quarter financial results this morning, will cut 30,000 jobs by 2008 and will shutter twelve assembly and parts facilities.
York: GM Should Drop Saab,
HUMMER by Joseph Szczesny
Company has 1000 days of cash left, Kerkorian's wingman says.
At a press conference at Lowe's Motor Speedway on Tuesday night,
Bill Davis Racing and Michael
Waltrip Racing had been expected to be named as participants in the
The Red Bull Racing team has
reportedly purchased the former Penske Racing South facility in
"This is obviously huge for Bill
Davis Racing and our sponsors," said Bill Davis, BDR team owner and president.
"It is a great honor and opportunity to be able to continue to build on what we
have already accomplished with
Michael Waltrip has owned a NASCAR
Busch Series operation since 1996, and is expanding into Nextel Cup Series
ownership this year, in a joint-ownership deal with former Jasper Motorsports
owner Doug Bawel that includes a contractual arrangement for Bill Davis Racing
to provide cars, engines, and personnel. The popular two-time Daytona 500 winner
will be instrumental in