Daily Auto News
The New York Stock Exchange lost more than seven percent of its value in just a few hours of panic selling yesterday after the House of Representatives rejected a government plan to ease the credit crisis. In the market drop, few industries landed as hard as the automakers.
Daily Auto News
In the world of high-powered, high-dollar supercars, the ultimate battleground is a 13-mile long circuit outside the German city of Nürburg featuring 73 corners and elevation changes of hundreds of feet. The Nürburgring, known in the auto industry simply as “The Ring,” is where automakers bring their most monstrous creations for testing. Professional drivers — some of whom drive almost exclusively on The Ring — take the cars through the course. Automakers publish lap times to win bragging rights. But no entity independently verifies ‘Ring lap times…the automotive press has always trusted the times automakers claimed their cars had earned.
Daily Auto News
Typing out a text message on your cell phone’s tiny keyboard while driving is dangerous. Driving with a pack of bouncy, jittery, fifteen-pound carnivores in your lap, however, is apparently safe. At least in California.
Daily Auto News
Gas prices are declining in most parts of the country, but a handful of Southeastern states are watching a gas shortage that began with Hurricane Ike stretch into its third week — with little hope for an end soon. more…
