Articles by Benjamin Reeves
- Chinese Car Companies Hiring European Designers
June 18 2012 11:12 AM
State-owned Beijing Automotive Industry Holding Company (commonly known as Beijing Automotive Group or BAIC) hired Leonardo Fioravanti, legendary designer of the Ferrari Daytona, to transform the Chinese car conglomerate into a world-class maker of luxury cars by 2025, according to Bloomberg News.
- From Mustangs To Trans Ams To GTs, Carroll Shelby's Iconic Designs And Hitler's Parade Car: An Investor's Guide To Classic Autos
June 16 2012 6:35 PM
In the weeks leading to the Barrett-Jackson Auction Co.'s collector car auction in Orange County, Calif., a new group of people appears to be joining aging-vehicle aficionados in paying attention to this annual event, as an increasing number of investors are turning to older vehicles as the latest safe havens for their money.
- Despite Occupy Wall Street, CEO Pay Rose In 2011: The Top 10 Highest Paid CEOs [PHOTOS]
June 16 2012 4:53 PM
Executive compensation continued to rise last year -- despite Occupy Wall Street's vociferous howling and gnashing of teeth -- and on average the pay of CEOs at S&P 500 companies increased 6 percent, according to a report by compensation-data company Equilar.
- Christian Missionaries Protest Arab International Festival With Pig's Head [VIDEO]
June 16 2012 1:54 PM
Christian missionaries held an anti-Islamic protest at the Dearborn, Mich., Arab International Festival and taunted Arab-Americans with a pig's head mounted on a pole while shouting You're gonna burn in hell, according to reports Saturday.
- Greek Economy Slipping Into Dark Ages As Election Approaches
June 16 2012 1:31 PM
As Greek voters prepare to the go to the polls on Sunday and central banks around the world prepare to enter crisis mode if far left-wing candidate Alexis Tsipras wins and reneges on the country's bailout package, thus threatening euro zone solidarity, the Greek economy may slip into something resembling medieval Europe's Dark Ages.
- Death of Saudi Crown Prince Nayef Reopens Succession Question
June 16 2012 12:09 PM
Saudi Crown Prince Nayef (Naif) bin Abdulaziz Al Saud, heir-apparent to King Abdullah and a staunch enemy of al-Qaeda as head of Saudi Arabia's Interior Ministry, died today at 78, according to the International Islamic News Agency. Nayef's death reopens the question of who will succeed King Abdullah.
- How To Watch 24 Hours Of Le Mans Online Live Stream: DeltaWing, Nissan, Corvette, Audi, And Toyota
June 16 2012 10:10 AM
It's perhaps the greatest automotive race of all time: 24 Heures du Mans (the 24 Hours of Le Mans) on the Circuit de la Sarthe outside of Le Mans, France -- here's how to watch it online. Also known as the Grand Prix of Endurance and Efficiency, the 24 Hours of Le Mans is the oldest race in motorsport and has been held annually since 1923.
- For Saab, Questions Linger: Electric Cars And A Chinese Government Connection?
June 15 2012 2:09 PM
Details of the fate of bankrupt Swedish carmaker Saab Automobile AB continue to emerge following the June 7 news that the company had been purchased by a Sino-Japanese joint venture National Electric Vehicle Sweden AB, or NEVS. NEVS plans to use Saab to produce electric cars, the consortium announced Friday.
- Nissan's Chinese Turf War Expands With $785M Factory
June 15 2012 11:11 AM
Nissan Motor Co. (Tokyo: 7201) is expected to build a 5 billion yuan ($785 million) factory in the northeastern Chinese city of Dalian, an aggressive move into territory traditionally under the sway of Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corp. (NYSE: TM), according to the Japan Daily Press Friday.
- New Apple MacBook Pro with Retina Display Sold Out In New York City
June 14 2012 6:39 PM
Much to the consternation of would-be buyers, Apple Inc.'s (NASDAQ: AAPL) MacBook Pro with Retina display is totally sold out in the city of New York, just three days after the new laptop was announced at the company's World Wide Developer's Conference (WWDC) 2012.
- The Next Pinto? 5.1 Million Jeep Cars Under Fire Investigation
June 14 2012 3:27 PM
Up to 5.1 million Jeep Grand Cherokee, Jeep Cherokee and Jeep Liberty model SUVs may be subject to one of the largest recalls in history depending on the results of an engineering analysis by the National Highway Traffic Safety Administration (NHTSA).
- 'Fiscal Cliff' Fears Weigh Heavy On Advertising Growth: Report
June 14 2012 2:45 PM
Fear of an impending fiscal cliff and uncertainty about November's presidential elections has led to a 0.8 percent projected dampening of marketing spending in 2012, according to a Thursday report from Pivotal Research Group.