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Toyota stock finally breaks out above May price gap

It was just a few weeks ago that Toyota Motor (ADR: TM) showed signs of filling past overhead resistance on the weekly chart, the early March price gap of 84.76 to 84.28 which was tested and failed in May. While that event in a way extended the gap in time, the stock closed Thursday above the gap at 85.47, a significant technical event. [Friday Market Close Update: TM closed at 85.01, still above the gap, but barely.]
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By: Frank Sherosky

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Polyurethane, chemical professionals seek to reward innovators

The Center for the Polyurethanes Industry of the American Chemistry Council seeks entries for its 2011 Polyurethane Innovation Award. The winner will be chosen during the closing session of the Polyurethanes 2011 Technical Conference, which runs Sept. 26-28 at the Gaylord Opryland Hotel in Nashville. Deadline for nominees is 5 p.m. Aug. 12.
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By: Hawke Fracassa

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Rolls-Royce turns 100, celebrates Spirit of Ecstasy

Rolls-Royce Motor Cars has celebrated the centenary of the Spirit of Ecstasy in Goodwood, West Sussex, by gathering 100 Rolls-Royces from 1911 through 2011 to show them off in a parade.
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By: Hawke Fracassa

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Gentex earnings call reveals full implementation of camera-based safety systems still subject to NHTSA

Gentex Corporation (Nasdaq: GNTX) recently held its earnings call with stock analysts for the second quarter, revealing information about the RCD (Rear View Camera Devices) and the upcoming NHSTA decision to make them required by law.
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By: Frank Sherosky

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Porsche Designs builds a bong

The folks at Porsche Designs certainly offer an intriguing range of merchandise – from clothes and sunglasses to computer hard drives and luggage but their newest offering could be the most unusual as the high performance design studio has introduced a new line of water pipes.
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By: Patrick Rall

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Mercedes-AMG develops a new 5.5-liter V8 engine with Formula-1 type fuel shut-off

Using advanced technology from Formula-1 racing, Mercedes-AMG has developed a new 5.5-liter V8 engine which combines powerful eight-cylinder performance with the economical fuel consumption of a four-cylinder.
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By: Frank Sherosky

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Ford recalls F Series, Rangers and Excursion for taillight issue

Ford Motor Company and the National Highway Traffic Safety Administration have announced a recall of a variety of Ford brand trucks and sport utility vehicles over the possibility of the rear lights failing to work over time.
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By: Patrick Rall

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The 2011 Chevrolet Volt comes to the Carolinas

The 2011 Chevrolet Volt was initially offered in a few markets around the US including California, Washington, D.C., Texas, New York Michigan, New Jersey, and Connecticut but as the innovative electric vehicle looks to build sales as the end of the year nears – the Chevy Volt is beginning to arrive in new markets including North and South Carolina.
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By: Patrick Rall

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