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Chromed out Audi R8s raise $1 million for Sir Elton’s charity

The folks at Audi recently built a pair of gorgeous R8 Spyders earmarked for donation to the Elton John Aids Foundation and when the final gavel had sounded, these mirrored convertibles raised just shy of one million dollars for charity.
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By: Patrick Rall

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UConn's Maya Moore wins Honda-Broderick Cup again

University of Connecticut basketball player Maya Moore (pictured) won the Honda-Broderick Cup today, making her America's best female college athlete of 2011. She is the first to win the high honor two years in a row. Moore, who now plays for the Minnesota Lynx of the WNBA, beat out other finalists Blair Brown, a Penn State volleyball player, and Sheila Reid, a cross country and track and field standout from Villanova.
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By: Hawke Fracassa

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Lexus No. 1 in quality for 4th year in a row

Ho hum. Another trophy for the mantle. Lexus is the No. 1 car company again in the 2011 J.D. Power & Associates Initial Quality Study. It is the fourth year in a row that the luxury marque has emerged as the best-quality car there is in the world.
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By: Hawke Fracassa

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Update: International Energy Agency acting like an oil speculator and a political shrew

Contrary to popular belief, President Obama wasn’t the only diplomat to announce a theatrical release of oil from strategic reserves. Fact is, the International Energy Agency (IEA) decided last Thursday night to release 60 million barrels of oil from the strategic reserves of several member nations, and America was one of those nations. [UPDATE June 27, 2011: IEA now states per Reuters it will release 41.9 million barrels of crude and 19 million barrels of refined products, changing the mix ]
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By: Frank Sherosky

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Bidders Pony Up for Tony Hawk's Custom Ford Mustang

With skateboarding guru Tony Hawk standing on the auction block displaying a nervous smile, the “hawkized” custom 2011 Ford Mustang he commissioned for charity sold for $65,000 Saturday evening at the Barrett-Jackson auction in Costa Mesa, California.
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By: Richard Gray

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Intern designs the look of new Porsche 911 race car

Meet the next creative force in the auto world. Porsche Cars intern Anna Frey designed the livery that appeared on a 911 GT3 Cup race car that was driven Saturday in the 200-cars-from-25-countries Porsche Carrera World Cup Race at the Nürburgring track in Germany.
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By: Hawke Fracassa

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Obama uses reserves to slash gas prices by $1.50 per fill-up

President Obama is being criticized by a Fairfax, Va., group for releasing reserves of domestic oil into the U.S. marketplace to make gasoline more affordable for American drivers.
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By: Hawke Fracassa

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Is end of Fed QE2 also D-Day for auto sector stocks?

June 30, 2011 may be another date which will live in infamy for the auto industry as the Federal Reserve will end all buying and propping of mortgage back securities and bonds.
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By: Frank Sherosky

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Nevada Takes Gamble on Driverless Cars

After thousands of miles logged by Google’s fleet of automated Toyota Priuses and an Audit TT, Nevada’s legislature passed a bill that could lead to driverless cars on the Silver State’s roadways.
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By: Richard Gray

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