Accelerating into the Fast Lane

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DETROIT, March 19, 2013 /PRNewswire/ -- Electric vehicle company revitalizes iconic Detroit Electric brand New company headquarters in Detroit's iconic Fisher Building with production in Michigan, USA Plans to create 180 local jobs by the end of 2013 Limited-edition two-seat 100% electric sports car to be launched next month Diverse family of high-performance electric vehicles to follow New sports car showcases Detroit Electric's class-leading electric vehicle powertrain technologies After an absence of over 70 years, Detroit Electric, the innovative electric car manufacturer, has returned to the legendary Motor City, promising job creation and a range of exciting 100% electric vehicles for the mass market. (Photo: ) Heralding the rebirth of the original electric car brand, Detroit Electric has announced the establis... (more)

Flat Rock Assembly Plant Celebrates Producing One-Millionth Ford Mustang As Year 50 Begins

FLAT ROCK, Mich., April 17, 2013 /PRNewswire/ -- Nine years after Ford Mustang production moved to Flat Rock, Mich., Flat Rock Assembly Plant celebrates producing one million of these iconic sports cars Raj Nair, Ford group vice president for product development, commemorates the occasion by riding off the line in a Ruby Red 2014 Mustang convertible accompanied by a senior plant employee Ford celebrates 49 years of continuous Mustang production with more than 8.5 million of America's favorite sports cars produced Happy Birthday Mustang! Forty-nine years to the day after its 1964 debut in New York, the iconic sports car celebrates another milestone: One million Mustangs have rolled off the line at Ford's Flat Rock Assembly Plant since production moved there in 2004. Ford is celebrating this milestone as year 50 of continuous Mustang production gets under way at Flat R... (more)

Formula One Technology Helping Bring Down the Cost of Car Insurance for Riskier Drivers

CHESTER, England, May 7, 2013 /PRNewswire/ -- Telematics policyholders could save £201 on their car insurance premiums compared to standard policies 17-19 year old females are offered telematics policies the most Young drivers stand to save an extra £201 (12.5 per cent) on the cost of their car insurance premiums if they opt for a telematics policy, according to analysis by[1]. The UK's number one comparison site analysed 16.9 million car insurance quotes and found an increase in telematics policies being offered to younger drivers. The analysis found that 29 per cent of motorists in the 17-19 age bracket were likely to be offered the choice to opt for a telematics policy, followed by 18 per cent of 20-24 year olds. The analysis also revealed that by opting for a telematics policy, drivers could save just over £200[2]compared to standard car cov... (more)

The New Porsche 911 Targa: The World Premiere of a Modern Classic

STUTTGART, Germany, January 13, 2014 /PRNewswire/ -- Picture is available via epa european pressphoto agency ( and can be downloaded free of charge at: World premiere of the 911 Targa: At the North American International Auto Show (NAIAS) in Detroit, Porsche is presenting the latest generation of the extravagant 911 model to the public. This model is the first to combine the classic Targa concept with state-of-the-art roof technology. Just like the legendary original Targa model, the new model features the characteristic wide bar in place of the B-pillars, a movable roof section above the front seats and a wraparound rear window with no C-pillar. But unlike the classic models, the roof segment on the new Targa can be opened and closed at the push of a button. When the button is actuated, the fully automatic roof system stows th... (more)

Lenovo Outperforms Market in 4th Quarter and Full Year 2013/14

Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2014. With record full-year revenue of US$38.7 billion, an increase of 14 percent year-over-year, a record full-year pre-tax income of US$1.01 billion, up 27 percent year-over-year and record full year earnings of US$817 million, up 29 percent, Lenovo had a truly outstanding year. Lenovo expanded its number one position in PCs, adding 2.1 points of market share to post a record 17.7 percent total share for the full-year, representing five percent year-over-year growth, compared to an overall industry decline of 8 percent during this same period. Even while China’s PC market slowed, Lenovo’s operating profit in China PC improved by 1 percentage point. Asia Pacific had record share of almost 15 percent, while improving profitability. For the first time, Lenovo’s EMEA reve... (more)

GOBankingRates and Autobytel Unveil the 11 Best Labor Day 2014 Car Deals

LOS ANGELES, Aug. 20, 2014 /PRNewswire/ -- With auto loan interest rates at the lowest they've been for years and dealerships scrambling to clear out 2014 inventory in time for next year's models, the upcoming Labor Day weekend is the ideal time to buy a new car. To help consumers find the best money-saving Labor Day car deals, GOBankingRates partnered with Autobytel to compile a list of the top sales and promotions available on 2014 crossovers and SUVs, luxury vehicles, sedans, sports cars, and trucks. CLICK HERE to see the best Labor Day 2014 deals: "Labor Day is a great opportunity to knock money off the MSRP of your new vehicle, but what a lot of buyers haven't considered are the costs they'll pay in interest on their auto loans. This weekend is offering buyers the chance to lock in financing at 0% interest – meaning people who wouldn't o... (more)

Porsche Classic brings out new navigation radio for classic sports cars

ATLANTA, Feb. 23, 2015 /PRNewswire/ -- Classic on the outside yet ultra-modern on the inside: with its newly developed navigation radio, Porsche is responding to the growing demand for a built-in device for classic sports cars. The purpose-built unit combines the style of yesteryear with the benefits of modern technology. It fits perfectly into the DIN-1 slot that has been used in the sports cars for decades and is operated by means of two knobs, six discreetly integrated buttons and a touch-sensitive 3.5-inch display. Thanks to the appearance of the black surface and the shape of the knobs, which are supplied in two authentically styled versions as standard, the navigation radio blends harmoniously into the dashboard of classic Porsche models. It bears Porsche lettering and is suitable for the sports car generations between the first 911 from the 1960s and the las... (more)

Accelerating into the Fast Lane

A new term is creeping into our vocabulary, one that encompasses Americans' love for their vehicles and their desire to take advantage of every idle moment that occurs throughout the day. The term is telematics: the ability to provide wireless, built-in computer functionality inside vehicles. It was only a matter of time before automotive manufacturers, wireless service providers, and the computer industry realized the potential to marry wireless and Internet technologies and automobiles. After all, Americans spend 26 billion hours in their vehicles every year. Those hours translate into potential revenue for automobile manufacturers through value-added safety, security, maintenance, and entertainment services; for Internet companies through online purchases; and for wireless service providers through handsfree phone calling. But despite the potential of telematics,... (more)

Sell Your Car -- Fast and Free at

BARRINGTON, IL -- (MARKET WIRE) -- 12/13/07 -- is pleased to announce the recent launching of one of the first free classified websites for buyers and sellers of used vehicles. is a free website that is dedicated to providing buyers and sellers of vehicles an excellent and efficient internet medium. prides itself in continually building a Chicago-based inventory for buyers. This in turn helps sellers move cars more effectively, as advertises on both a local and national level. The website is available to both individuals and dealers at no cost whatsoever. offers many tools to help both buyers and sellers make informed decisions on their future vehicle transactions. Features such as quick searches, auto comparisons, dealer profiles and much more make the site pleasant... (more)

Movies in Cannes and Monaco's Fast Cars

The Cannes Film Festival and the Monaco Grand Prix coincide in May on the French Riviera, providing enough reasons to make a date with the Med. In fact sailing your yacht to both events is the ideal way to see these glamorous and thrilling events. This year the Cannes Film festival celebrates 60th birthday – another incentive. Action! The renowned Cannes Film festival wields its movie magic each year when the A-list of stars, VIPs, paparazzi, 4,000 journalists, 40,000 accredited professionals and 250 TV channels descend on the Riviera to watch the celebrities strut their stuff in glamorous, fairytale fashion. This year promises to offer much more of the same dizzying and invigorating concoction of films, fame and fortune in this elegant Riviera setting because 2007 is a very special year for the Festival de Cannes, as it celebrates 60 years.     The Film Festiva... (more)

New John F Kennedy Airport Location 'PAM Rent A Car'

NEW YORK, Aug. 18 /PRNewswire/ -- Attention PAM Rent-A-Car customers and associates: we've got some big news! Long Island's largest car and truck rental company is proud to announce that they have recently expanded their services to include a new location just next to John F. Kennedy International Airport. For more than 30 years, PAM Rent-A-Car has dominated a number of New York regional rental districts, including Long Island and the East Hampton. Superb car rental service can now be found in the community of Queens as well, thanks to the brand new JFK Airport Holiday Inn rental center location. The same service you've come to know and trust on Long Island is now available right here in Queens, Serving John F Kennedy Airport clients and our loyal PAM customers from the queen's community with outstanding rental efficiency. Like other PAM Rent-A-Car locations, the ne... (more)