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Sunday, August 15, 2010 - 11:12 PM
Nine new
publications added to the Forum since last Friday. The first four are posted
under the GM, Ford and Chrysler tab. The first article comes from the Detroit
News telling that potential investors, in General Motors IPO, are focusing on
Dan “melon head” Akerson, a GM board member with a financial and
telecommunications background, who will replace Chairman and CEO Ed “old coot”
Whitacre. Akerson’s immediate and huge task will be to line up investors to buy
GM stock and convince them he has the skills to run the automaker effectively,
even though he is an industry outsider. The second article comes from AOL Autos. It
reports that next April is when GM’s Chevrolet Caprice PPV, Police Patrol
Vehicle, will be hitting the roads. At 355 horsepower, the Caprice will be the
fastest police car in America, until the Ford Taurus goes on sale with its 365
horsepower. The third article comes from the Wheels section of the New York
Times. It states that eighteen Ford concept cars were sold this past Thursday
by RM Auctions at the Sports and Classics of Monterey sale. The sales raised
nearly $1M, with Ford Motor Co. donating proceeds to the Juvenile Diabetes
Research Foundation and the Children’s Center of Wayne County, Michigan, which
assists troubled children and families. The fourth article comes from Free
Press Staff Reports. It tells that according to Kelley Blue Book’s brand watch
study, for the second quarter in a row, Ford is the most-considered automotive
brand among new-car shoppers.
Two new posts
have been added to Hodgepodge. The first article comes from Bloomberg News as
found in the Washington Post. It reports of a famed trial lawyer that died in a
traffic accident. He had collected more than 800 classic cars. What the
twice-divorced lawyer didn’t leave behind was a single sheet of paper that
would have bequeathed to his longtime companion the 28 cars she says he meant
for her to have. This is a strange and sad story that goes to show that if you
want somebody to have something, make sure you put your wishes down in writing.
The second article comes from AOL Autos stating that as cars become more
technologically advanced, they leave the door open to vulnerabilities. The tire
pressure monitoring system and four other technological vulnerable areas are
listed.
Two new
posts have been entered into the Open Discussion section of the Forum. The
first article comes from the Detroit News. It gives more information on the
article posted in GM, Ford and Chrysler section about Ford concept cars being
sold for charity. The second article comes from the New York Times. It reports
that after a dismal period of huge losses and deep cuts that culminated in the Obama
administration’s bailout of GM and Chrysler, the gloom over the American auto
industry is starting to lift. Sales are rebounding, with the Commerce
Department reporting Friday that automobiles were a bright spot in July’s
mostly disappointing retail sales.
One new post
has been placed in the Opinion category and comes from AOL Autos. The article
reports that when you pull up to the pumps at a gas station you are usually
faced with three options: regular, mid-grade and premium. There is more to the
choice than good-better-best. It goes on to tell all the differences of the
three. I personally have always used the mid-grade in all my vehicles, unless
premium was required.
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