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Lexus IS Convertible coming next year, lightweight IS-F in the works

M35MT submitted on 8/27/2008 Official Bell & Ross Timestamp: 3:21:07 PM

According to AutoTelegraaf, the first Lexus IS-F Convertible will come to the U.S. market next year. A diesel model has not yet been ruled out but Lexus has confirmed that it will not produce a drop-top 416-hp IS-F. The Lexus IS Convertible will h...

28 user comments | Category: Spy News

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BMW, GM: $400-600 million in losses for off-lease cars; Ford: $1 Billion

M35MT submitted on 7/31/2008 Official Bell & Ross Timestamp: 1:28:59 PM

BMW has started offering loans at 3.9% to help sell 2005 models coming off lease. BMW took nearly a $400 million charge for losses on off-lease cars, mostly SUVs in the U.S. GM and Ford (F) have warned that losses from their leasing portfolios...

31 user comments | Category: Misc News

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Irrelevant Relationship: Oil Inventory levels and prices

M35MT submitted on 6/5/2008 Official Bell & Ross Timestamp: 1:58:52 PM

Record high prices without record low oil inventories, analysts saying that so much money flows into oil commodities that it gives the impression of shortages, when in fact no shortage exists. That mirrors the situation in the commodities market ...

18 user comments | Category: Misc News

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