In an announcement released earlier today, Dodge revealed that it plans to resurrect the limited edition Daytona styling package for the 2013 Dodge Charger which will be available on both the standard Charger R/T model and Chargers equipped with the “Road & Track” Package. Last offered in 2009 on the previous generation Charger model, Dodge claims that the Daytona package has been redesigned and re-imagined for 2013.
By Chris Haak
Just the good ol’ boys
Never meanin’ no harm
Beats all you never saw
Been in trouble with the law
Since the day they was born.
By Chris Haak
Those of us who spend a decent portion of our lives on the road – I personally drive about 300 miles per week, and spend at least 10 or 12 of my waking hours behind the wheel every week – have come to depend on the portable electronic devices that entertain us or keep us connected to friends, loved ones, and associates. I firmly believe that the future state of in-vehicle entertainment will center on what the user brings with him or her into the car – you won’t need to listen to broadcast radio, but will instead connect your media player.
But what happens when those players run out of power? An increasing number of cars offer USB jacks, and most cars have a 12-volt DC power outlet (which was once-upon-a-time called a cigarette lighter socket), but not everything can charge with a USB cable (a laptop, for instance), not every device is available with a car charger (again, laptops), and sometimes you may not want to fork over the money for multiple car chargers when they are likely to only be used occasionally. For instance, I have a car charger for my iPhone, but typically do not transfer it from my own car into press cars, because my phone typically has over half of its charge remaining at the end of the workday, and I have wall chargers for it at home at in the office.
By Chris Haak
This morning, both GM and Ford released their third quarter 2008 earnings, and the news was unsurprisingly about as bad as it could have possibly been for both companies. Ford is in a better liquidity position than is GM, but both companies saw their cash positions drop precipitously, with Ford burning through $7.7 billion of its cash pile during the third quarter ($2.57 billion per month on average) and GM burning through $6.9 billion in [operating] cash during the third quarter ($2.3 billion per month on average).
The cash conflagration at both companies (remember, Chrysler is no longer publicly traded, so we don’t know its situation, but it’s likely similar, if not worse) in the third quarter meant that Ford was left with $18.9 billion in cash and marketable securities, with another $10.7 billion in readily accessible credit (thanks to Alan Mulally’s foresight in mortgaging most of the company right before credit markets froze), for a total liquidity cushion of $29.6 billion. GM does not have any more credit available to tap, so it’s on its own, down to its last $15 billion. The company needs $10-12 billion in cash just to keep the lights on, pay suppliers, etc., so bankruptcy could come long before the cash number gets to $0. Most telling – and alarming – of all the news today was this statement in the body of GM’s earnings release, which we are duplicating here unedited (emphasis added): Continue Reading →
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- Troy: My device started going off at totally random abou...
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- kenny budden: ok,ok, ford is the best, chev is the best,whatever...