Archive for November, 2009
‘Telepathic’ car symbolises Cambodian car industry hopes
The gold-coloured convertible turns heads on impoverished Cambodia’s roads — not least because of creator Nhean Phaloek’s outlandish claim that it can be operated telepathically.
“I just snap my fingers and the car’s door will open. Or I just think of opening the car’s door, and the door opens immediately,” says the 51-year-old as he proudly [...]
2010 Citroen C3
With a windshield that’s w-a-y longer than its roof, Citroen’s new C3 is sure to stand out among the hordes of small hatchbacks that crowd the streets of European cities. The 53-inch long piece of glass, officially dubbed Zenith, will be fitted to 50 percent of C3s built, estimates Citroen product development chief Thomas d’Haussy. [...]
Read moreS.Africa auto aid will boost growth, cut trade gap: government
South Africa’s existing automobile industry programme and its replacement scheme is expected to cut the trade deficit and contribute billions of dollars to gross domestic product by 2020, a government minister said on Friday.
South Africa’s automobile sector, a major employer, has been hard hit by a global economic downturn that has seen exports slashed and [...]
Analysts see positives in General Motors’ third-quarter earnings report
Meet the “new” GM. Same as the “old” GM?
Not really, say some auto industry experts who analyzed General Motors Corp.’s announcement Monday of a third-quarter loss of nearly $1.15 billion after emerging in July from a government-aided bankruptcy.
A loss is a loss, but experts who have watched the iconic automaker lose $82 billion in the [...]
Recent Comments