Car-sharing startup Zipcar went public on Thursday and saw its shares rise 56 percent in the latest example of a strong recovery for the initial public offering market. The shares started at $18 and closed at $28 today. In after-hours trading, the stock is up another 19 cents. The company raised more than $174 million by issuing 9.68 million...
Two of the newest compact cars on the road today are the 2011 Hyundai Elantra and the 2011 Chevrolet Cruze. Now we've driven both of them, testing each car with a six-speed manual transmission. In the case of the Chevy, we drove the 2011 Cruze Eco model, which gets the highest EPA gas mileage rating: 28 mpg city, 42 mpg highway, for a combined...
It's the news Jeep fans all across the country have be waiting years for. That one little tidbit execs at Jeep love to deny but no longer can--that the Jeep Grand Cherokee will be offered with an advanced VM Motori turbodiesel engine in the U.S. by 2013. The information was reportedly revealed straight from the mouth of Fiat-Chrysler boss Sergio...
Americans aren't stupid. We're just badly informed. And occasionally, stubborn. Why else would we ignorantly cling to using miles per gallon as the way to measure how efficiently a car uses fuel? But maybe you don't quite see the problem. OK, so here's a little test: Which saves more gasoline, going from 10 to 20 mpg, or going from 33 to 50 mpg?...
Sources close to Hyundai report that the Korean automaker is developing a turbocharged, high-performance version of their green-tinged Veloster coupe, to broaden their appeal to the enthusiast market while it also pitches a 40-mpg fuel-economy rating to buyers concerned with rising gas prices. Hyundai's been clear that the Veloster is aimed at...
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