by Paul A. Eisenstein | May 7, 2012
There’s nothing worse than having to rough it on the road. But with the new eleMMent Palazzo, the days of suffering at a 5-star hotel are a thing of the past. The $3 million mansion on wheels guarantees that the road-weary 1-percenter can live in the accustomed...
by Paul A. Eisenstein | May 7, 2012
While it’s not officially the summer travel season, American motorists are getting a bit of a break as oil prices continue to dip, benchmark crude falling below $100 in recent days and taking another tumble in the wake of the political shake-up in Europe. Crude prices...
by Paul A. Eisenstein | May 4, 2012
Sure, if money is the object you’ll likely find a dealer offering a $149 lease special on some slow-selling model. But just because you get off cheap up front doesn’t mean you’re in for a bargain the rest of the way. The fact is, buying, owning and operating a car...
by Joseph Szczesny | May 4, 2012
Ford has been trying to get out of the components business since the days of former CEO Jacques Nasser – and now it has taken another big step towards finishing the long-planned restructuring of its part business with the sale of its interior component operations to...
by Paul A. Eisenstein | May 4, 2012
While Nissan officials have been actively touting their aggressive plans for China they’ve also been negotiating behind the scenes to get a better position in the promising Russian market – a strategy now set to come together as Nissan and alliance partner Renault...
by Paul A. Eisenstein | May 4, 2012
It’s that time of year. The kids are graduating and likely dropping hints it’s time to buy them a new car. Maybe you’ll start them off with something used – or simply tell them to get a summer job. But if you’re looking to hand over the keys to a new vehicle, auto...
by Paul A. Eisenstein | May 4, 2012
Despite the worsening economic crisis in Europe there was good news for two of the Continent’s most exclusive automotive manufacturers – BMW, in particular posting all-time record earnings for the first quarter. Porsche, meanwhile, saw its own operating profit for the...
by Paul A. Eisenstein | May 3, 2012
Is the battery car market losing its juice? While it’s too soon to tell if the latest surge in gas prices has hit its peak buyers already seem to be rethinking the cost-benefit equation when it comes to plug-in hybrids, extended-range electric vehicles and...
by Joseph Szczesny | May 3, 2012
With fuel prices now showing signs of hitting their peak are U.S. car buyers shifting focus from the high-mileage models that were quickly gaining ground earlier this year? That’s one possible conclusion based on data collected by the University of Michigan showing...
by Paul A. Eisenstein | May 3, 2012
Fresh on the heels of another big loss on the other side of the Atlantic, General Motors Chairman and CEO Dan Akerson confides that another big shake-up is coming in Europe. The executive, interviewed on public radio’s The Takeaway, didn’t detail specifics of the plan...
by Paul A. Eisenstein | May 3, 2012
Buoyed by double-digit sales gains that have outpaced the overall U.S. market for 14 months in a row, Chrysler is struggling to keep up with demand – and will cancel planned summer shutdowns at four of its North American assembly plants, the maker says. Two other...
by Paul A. Eisenstein | May 3, 2012
General Motors reported a $1.0 billion profit, equal to 60 cents a share, for the first quarter, handily beating analysts’ expectations – but the numbers would have been substantially better were it not for the maker’s continuing problems in Europe. Once forecast to...
