Benjamin Reeves

  • Nissan's Chinese Turf War Expands With $785M FactoryNissan'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 CityNew 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 InvestigationThe 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'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.

  • VW Will Accelerate Porsche Acquisition, Pay MoreVW Will Accelerate Porsche Acquisition, Pay More

    June 14 2012 9:41 AM

    Volkswagen AG (Frankfurt: VOW) will pay ?600 million ($750 million) more than originally expected for the remaining 50.1 percent of sports car maker Porsche, bringing the total cost of the acquisition to ?4.5 billion, up from ?3.9 billion, according to Bloomberg.

  • 2012 Porsche Panamera S Hybrid Review: 100% Porsche But With Room For Four2012 Porsche Panamera S Hybrid Review: 100% Porsche But With Room For Four

    June 14 2012 8:56 AM

    Rarely do the words sports car and luggage go together in a sentence without the connecting phrase does not have enough room for. Well no more, because the 2012 Porsche Panamera S Hybrid is a genuine sports car, and it can in fact easily deal with some bags at the airport. Moreover, it succeeds in actually combining a sports car with hybrid technology without totally neutering the driving experience. Read our review to learn more.

  • Soul of Sports Car, Hybrid Technology, Room For Groceries - Three Reasons to Love the 2012 Porsche Panamera S Hybrid: ReviewSoul of Sports Car, Hybrid Technology, Room For Groceries - Three Reasons to Love the 2012 Porsche Panamera S Hybrid: Review

    June 13 2012 8:23 PM

    Rarely do the words sports car and luggage go together in a sentence without the phrase does not have enough room for. No more. The 2012 Porsche Panamera S Hybrid succeeds in actually combining a sports car with hybrid technology without totally neutering the driving experience.

  • Greek Pasta Sales Surge On Election, Grexit FearsGreek Pasta Sales Surge On Election, Grexit Fears

    June 13 2012 1:49 PM

    Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters reported Wednesday.

  • Georgia May Kill Adopt A Highway Program To Keep KKK Out Of ItGeorgia May Kill Adopt A Highway Program To Keep KKK Out Of It

    June 13 2012 1:27 PM

    The Georgia Department of Transportation denied an application by the Ku Klux Klan to participate in the state's Adopt A Highway program, but the roadside volunteer cleanup program may have to come to an end to permanently block the hate group.

  • HOV-Lane Access Drives Electric Car Sales In CaliforniaHOV-Lane Access Drives Electric Car Sales In California

    June 12 2012 8:01 PM

    Sales of the Chevrolet Volt Hybrid-Electric Vehicle (HEV) have experienced a resurgence in California following tweaks that now allow the car from General Motors Company (NYSE: GM) to qualify for High Occupancy Vehicle (HOV) lane access.

  • Skip Rush Hour, Get Paid, Help The Environment -- Stanford's Commuter PlanSkip Rush Hour, Get Paid, Help The Environment -- Stanford's Commuter Plan

    June 12 2012 4:41 PM

    Stanford University is testing out the new program Congestion and Parking Relief Incentives, or Capri, to decrease traffic congestion by paying drivers to commute at off-peak hours.

  • Mercedes-Benz AMG A-Class To Woo Young DriversMercedes-Benz AMG A-Class To Woo Young Drivers

    June 12 2012 4:11 PM

    Daimler AG (Frankfurt: DAI) will be rolling out an AMG high performance version of its Mercedes-Benz A-class hatchback to appeal to young customers and increase sales by 50 percent, according to a report by Bloomberg News Tuesday.

  • Fitch Downgrades 18 Spanish BanksFitch Downgrades 18 Spanish Banks

    June 12 2012 11:04 AM

    Fitch Credit Ratings downgraded the credit default ratings of 18 Spanish banks Tuesday, following the downgrade of the country's sovereign debt last week.

  • At WWDC 2012, He's Not the Stig! Does the Gimmick Bode Poorly For Apple? [PHOTOS]At WWDC 2012, He's Not the Stig! Does the Gimmick Bode Poorly For Apple? [PHOTOS]

    June 11 2012 2:58 PM

    Apple Inc. (NASDAQ: AAPL) has taken aim squarely at the hearts of gearheads and Top Gear fans by welcoming the legendary Stig (well, according to wired.com they're calling him Mr. X, but he sure looks like The Stig) on stage at the World Wide Developers Conference (WWDC) 2012 to play the CSR racing game for iOS and Mac, Monday. While fun at first sight, however, the move may be indicative of cracks in Apple's finely polished marketing veneer.

  • Best Car in the World: 'Top Gear' Says Ariel Atom Is Best Car, Without A WindshieldBest Car in the World: 'Top Gear' Says Ariel Atom Is Best Car, Without A Windshield

    June 11 2012 12:28 PM

    Boost Labs LLC in Gaithersburg, Va., has launched the Top Gear Test Track interactive data set so fans of the hit BBC car show, Top Gear, can evaluate cars featured on the show. And the winner? It's the Ariel Atom V8 500.

  • 'Car Talk' Ends, Not With A Bang But With A Wisecrack: Click And Clack The Tappet Brothers To Retire In Fall'Car Talk' Ends, Not With A Bang But With A Wisecrack: Click And Clack The Tappet Brothers To Retire In Fall

    June 08 2012 7:07 PM

    Tom and Ray Magliozzi, better known as Click and Clack the Tappet Brothers of Car Talk fame, are calling it quits on their popular NPR radio show, the duo announced Friday.

  • Opel Praying For 600% Sales Increase In ChinaOpel Praying For 600% Sales Increase In China

    June 08 2012 5:50 PM

    Adam Opel GmbH, an aging European subsidiary of the General Motors Co. (NYSE: GM), is hoping Chinese sales will be a panacea for miserable performance in the European market.

  • Gold, Guns and Gas: Three Ways To Keep Your Money SafeGold, Guns and Gas: Three Ways To Keep Your Money Safe

    June 08 2012 12:40 PM

    The world's economies have fallen to their weakest level since the recession officially ended in 2009. German and U.S. bonds actually charge buyers interest rather than pay buyers interest. The euro zone's survival appears at genuine risk and China's red-hot economy, the second-biggest in the world, is not so red hot any more.

  • Chesapeake Energy Selling Pipelines For $4BChesapeake Energy Selling Pipelines For $4B

    June 08 2012 10:54 AM

    Chesapeake Energy Corporation (NYSE: CHK), the nation's second largest natural gas producer, is seeking to patch its $22 billion shortfall brought on by dropping natural gas prices by selling its midstream pipeline assets to Global Infrastructure Partners for $4 billion, the company announced Friday.

  • Fiat To Close HQ For 8 Days To Save Cash; Italian Gov Foots BillFiat To Close HQ For 8 Days To Save Cash; Italian Gov Foots Bill

    June 07 2012 6:21 PM

    Fiat S.p.A. plans to close its headquarters in Mirafiori, Italy for eight additional working days this summer to save ?8 million ($10.1 million) following lackluster European profits for the company.