US: Consumers would avoid bankrupt automakers – survey

If push comes to shove, what would consumers make of an automaker that is bankrupt but still operating? It’s an uncomfortable question. Automaker executives such as GM’s Rick Wagoner believe it would worsen prospects as consumers’ confidence in the company erodes. But some lawmakers in Washington believe it might be necessary, if severe, medicine that might allows a failing automaker to truly tackle structural problems.

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Porsche Panamera Revealed

Porsche Panamera Revealed
Porsche Panamera Revealed
Porsche has released the first official pictures of its upcoming Panamera four-door GT, ahead of its debut next spring. Mechanical details are scant, but the company did reveal a few basics.

Porsche has released the first official pictures of its upcoming Panamera four-door GT, ahead of its debut next spring (likely at the Geneva motor show). Mechanical details are scant, but the company did reveal a few basics.

Photo Gallery: Porsche Panamera Revealed

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2008 Rolls Royce Phantom Drophead Coupe – Dyer Consequences

2008 Rolls Royce Phantom Drophead Coupe – Dyer Consequences
2008 Rolls Royce Phantom Drophead Coupe - Rolls Royce Luxury Convertible - Automobile Magazine
High rollin’: Turning heads in the Rolls-Royce Phantom Drophead Coupe

Fact: Rolls-Royce’s target customer has liquid assets deep into the eight-figure range. That’s how much cash is readily available should one get the urge to splurge on a new solid-gold bowling ball, a platypus-hide humidor, or an invisible hovercraft. This is the demographic that owns a large room equipped with a pool filled with money, except they don’t even swim around in it, because they have people to do that. Eventually, these tycoons, moguls, and scions are going to want to travel somewhere inaccessible by hot-air balloon or sedan chair, and for that, they’ll need an automobile. I humbly suggest the Rolls-Royce Phantom Drophead Coup.

Photo Gallery: 2008 Rolls Royce Phantom Drophead Coupe – Rolls Royce Luxury Convertible – Automobile Magazine

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