Main page | March 27, 2007 »

Motorcoaches are most fuel efficient per passenger

Motorcoaches are the most fuel-efficient transportation mode in the United States, according to a new study authored by Nathan Associates and released today by the American Bus Association Foundation.
The motorcoach industry provided 148.4 passenger miles per gallon of fuel in 2004, the study reported, more than double the second most fuel-efficient sector, intercity trains at 74.1 passenger MPG.
Total transit achieved 55.8 passenger MPG, air carriers achieved 40.9 passenger MPG, and automobiles achieved 35.4 passenger MPG.

Posted by   at 1:16 PM to Transportation | Permalink | Comments 0

Is Chrysler going north of the border?

Canadian auto parts supplier Magna International and a private-equity partner have offered to buy Chrysler for $4.7 billion, according to leftlanenews.com which cites a report by KeyBanc Capital Markets analyst Brett Hoselton.
Hoselton says the bid is low but no one seems to know what the company is worth. Estimates range between $0 and $13 billion.

Posted by   at 1:02 PM to Companies | Permalink | Comments 0

Porsche seen acquiring VW

Porsche plans to increase its stake in Volkswagen to 31 percent, according to a report in leftlanenews.com. The move will force the famed sports car maker into making a formal bid to acquire all of VW, the Web site says, as German law requires Porsch to make a takeover bid if its stake in VW exceeds 30 percent.

Posted by   at 12:57 PM to Companies | Permalink | Comments 1

Toyota gaining stature among collectors

Toyota cars are finally getting some respect from collectors, according to The New York Times. Even the much ridiculed Toyopet Crown which the company introduced into the United States in 1957 is looking desirable now. Check out the photo of a 1961 model.

Posted by   at 12:34 PM to Companies | Permalink | Comments 0