US electric carmaker Tesla Motors said on Friday that it plans an initial public offering of stock that could raise as much as 100 million dollars. In a filing with the Securites and Exchange Commission and a statement, Tesla said the price range and exact number of shares had not been decided. Source: Yahoo The Palo Alto,… »
Michael Schumacher Mercedes will be in a good position to fight
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Michael Schumacher is convinced he can battle for the world championship in his first season out of retirement. The 41-year-old seven-time champion, who is returning after a three-year hiatus, was speaking at the official launch of the new Mercedes team. He said: “I am convinced Mercedes will be in a good position to fight for the… »
The new Mazda5 dynamic and elegant Nagare design
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This is a case of when, not if. With the entire Mazda range adopting the big smiley corporate face, it was only a matter of time before the Mazda5 (Premacy in some markets) was forced to wear the new look. Like what you see? The new Mazda5 will be unveiled at the 2010 Geneva Motor… »
New 2010 Meriva mini-MPV
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Vauxhall has issued these first official photos inside the new 2010 Meriva mini-MPV. By swinging open its suicide doors (FlexDoors, in GMspeak), we’re given our first peek inside ahead of the new Meriva’s Geneva motor show debut. It’s very Astra-like in here, with a horizontal, wraparound ‘wing’ section circling the dashboard and running into the… »
Cheapest and smaller car
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Have you ever seen a small and cheapeest car on the street. yes you can. DETROIT (AP) — The world’s cheapest car is being readied for sale in the U.S., but by the time India’s Tata Nano is retrofitted to meet emissions and safety standards, it won’t be that cheap. Tata Technologies Ltd., the global engineering… »
The new Mercedes-Benz SLS AMG
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Montreal, Quebec – The new Mercedes-Benz SLS AMG “Gullwing” has made its Canadian debut at the Montreal International Auto Show, delivering a compelling mix of purist styling, lightweight design and superior driving dynamics. The new super sports car features an aluminum spaceframe body with gullwing doors, AMG 6.2-litre V8 engine developing 563 horsepower with dry… »
Detroit Auto Show US market
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DETROIT, Michigan — A new sense of optimism filled the Detroit auto show Monday as the industry looked forward to a recovery from one of its worst years on record. Source: Yahoo Much of the glitz and glam will be gone from the press preview days as automakers cut back their marketing budgets in the wake… »
World’s cheapest car
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It was touted as the world’s cheapest car at 2,000-dollars apiece, but a new version of the snub-nosed Tata Nano will be available soon at a price closer to that of a top-end Ferrari or Porsche. It was touted as the world’s cheapest car at 2,000-dollars apiece, but a new version of the snub-nosed Tata… »
Porsche design to enhance Pelikan’s image
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Pelikan International Bhd’s (Pelikan) success in securing the rights to use Porsche design would enhance the group’s image as being a leading writing instrument maker. EXCLUSIVE: Renowned brand Porsche design’s writing tools, which amongst others include for instance, pens targeting the high-end market, are expected to contribute marginally to Pelikan’s earnings from financial year 2011… »
PROTON New global Persona
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Proton’s head designer Azlan Othman tweeted the above on his Twitter account a few days ago – it looks like we’ll be able to look forward to a showcase of a new look for Proton cars next year! It was reported earlier this year that Italdesign-Giugiaro (which recently penned the Ssangyong C200 Concept) was hired… »
