Tuesday, June 2, 2009

McClaren F1 Up In Smoke


Wow, I can't believe I missed this because I was in Santa Rosa yesterday, and I was two blocks down from where it had happened. Read here for the full story ---> PressDemocrat

Most Ugly Camry Modified


Wire wheel covers: check. Colored tape on the headlights: check. Mass amounts of chrome trim: check. Fake triple side-exit exhaust: check.

I swear this guy isn’t even a teenager. The owner is almost eighty years old and is retired. At least it sounds good, even great. But still...

More Pics ---> Cardomain

Monday, June 1, 2009

As official as it is going to get. General Motors files for bankruptcy

We're experiencing history folks. General Motors, the largest auto manufacturer and one of the worlds largest corporations has officially filed for bankruptcy in the United States Bankruptcy Court.

We are awaiting a press conference from President Barak Obama regarding GM, and we will bring updates as they become available.

We do know that Chairman Fritz Henderson WILL continue to lead GM through bankruptcy. The fate of Saturn, Hummer and Saab is still up in the air at this point. Going through bankruptcy, GM will carry Chevrolet, Cadillac, Buick, GMC Truck. Hummer, Saturn, Saab and Pontiac will be either phased out or sold.

The New York Stock Exchange was showing GM stock valued at $.75 cents late last night with morning trading showin $.70, though it has steadily gone back up all morning. Currently it is trading at $.98 cents per share.