2012 New York Auto Show preview

By on April 6, 2012 at 11:15 AM.

2012 New York Auto Show preview

New York’s Auto Show is always packed with debuts, and this year wasn’t any different. From the 2013 BMW X1 and Mercedes-Benz’s 2013 CL-Class and GL-Class, to the 2013 Ford Explorer Sport, 2013 SRT Viper and many more, I took a spin through the show to check out some of the newest cars that will soon hit the market — and of course, look at a bunch of my favorite rides as well. The show-stopper for me? The matte blue Audi R8 GT, though I loved the Ford Explorer Sport, too. Catch all the McLarens, Aston Martins, Rolls Royces, BMWs, Bentleys, Mercedes-Benzes and more in our 2012 New York Auto Show photo gallery, which is linked below.

 

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Electric car company Tesla raises over $226 million in IPO

By on June 29, 2010 at 9:31 PM.

Electric car company Tesla raises over $226 million in IPO

Tesla Motors

As of yesterday, no American car company had gone public since Henry Ford put his family business on the on the U.S. stock exchange back in 1956. Today, Tesla Motors (TSLA) — in an IPO — sold over 13.3 million shares of stock on the NASDAQ exchange totaling $226.1 million. The all-electric car maker’s mission is simply to “sell high performance, super efficient electric cars.” Tesla uses some pretty impressive technology to manage, store and harness the electric charge stored in the cars batteries. The company should have their first mass production model — The Model S — rolling off the assembly line this year. The company’s stock closed just south of $24. More →

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Sprint looks beyond consumer wireless services, will target wireless-enabled consumer electronics

By on March 24, 2009 at 10:46 AM.

Sprint looks beyond consumer wireless services, will target wireless-enabled consumer electronics

In a move to counteract its steadily declining subscriber base and sinking financial situation, Sprint is seemingly looking to open up its network to more non-traditional mobile devices. Sprint is already host to the Amazon Kindle Whispernet service, which provides wireless delivery of eBooks to the popular eReader and serves to distinguish the Kindle from its competition. The carrier also has an agreement with Ford that will outfit select 2009 truck models with cellular data connectivity. In an attempt to expand beyond the Whispernet and Ford offerings, Sprint is reportedly in talks with companies like Garmin, Eastman Kodak and SanDisk about adding EV-DO and presumably WiMax capability to what are traditionally non-wireless devices. If consumers are not interested in Sprint’s network, it only makes sense that Sprint would try to woo consumer electronics powerhouses into using its wireless network. How many people would jump all over a point and shoot camera or an HD pocket camcorder like the Zi6 that could wirelessly upload photos or videos instantaneously? In this age of instant communication and voyeurism, we would guess a lot! In any event, we like this play by Sprint a lot — big commercial contracts mean big revenue that won’t be jumping ship in droves every time an admin fee changes and the ETF is waived…

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