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GM stock closes at $34.19 after first full day of trading

Filed under: Government/Legal, GM, Earnings/Financials

The first day of a new era for General Motors has ended. The automaker released its IPO this morning on the New York Stock Exchange, and after reaching a high of $35.85 around 10:45AM EST, the stock price slowly retreated back to earth and settled on $34.19 for a closing price. Sure, you might see a downward trending line on the above graph, but GM can celebrate the fact that its stock price still ended the day more than a dollar above the $33 at which the IPO was priced to kick things off, a respectable rise of 3.6%.

Now that the day ended, President Obama has planned a quick preference to talk about General Motors that’s starting as we speak. You can watch it live on the Whitehouse.gov website.

[Source: Daily Finance]

GM stock closes at $34.19 after first full day of trading originally appeared on Autoblog on Thu, 18 Nov 2010 16:16:00 EST. Please see our terms for use of feeds.

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Find of the Day: The 1986 ViperVette

Filed under: Classics, Coupe, Performance, Chevrolet, Dodge, Humor, Specialty, Design/Style

ViperVette

ViperVette – Click above for high-res image gallery

As our mommas used to say, “There’s something not quite right about that one.” At some point in history, someone looked at their 1983 Chevrolet Corvette and figured the car needed a little more Dodge Viper. Rather than snagging the delicious, snarling V10 from the nose of the Viper and plopping it into the Corvette, the owner of this particular piece of work simply pulled the body from a 2000 Viper and bolted it to the Corvette Chassis. The original 350 ci V8 and four-speed manual transmission are still in place, and interestingly enough, the builder chose to keep the Corvette interior. All of the seating surfaces have been swaddled in Viper color-coded leather, though.

If you like what you see, you can lay your hands on this one-of-a-kind creation for the low-low price of $12,250. We won’t judge. The half-breed is located in Troy Michigan, and if you want more information, head over to Hemmings for a more detailed look-see.

Gallery: ViperVette

[Source: Hemmings Blog]

Find of the Day: The 1986 ViperVette originally appeared on Autoblog on Sun, 24 Oct 2010 13:06:00 EST. Please see our terms for use of feeds.

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eBay Find of the Day: 1995 BMW M3 CSL Lightweight is ultra rare, ultra tasty

Filed under: Classics, Coupe, Performance, Auctions, BMW, Racing

1995 BMW M3 CSL Lightweight

1995 BMW M3 CLS Lightweight – Click above for high-res image gallery

We know we already ran an eBay Find of the Day, but since you couldn’t actually drive that one, we thought it only fair to bring you another. File this one under “D” for “Don’t see that every day.” For a Buy It Now price of $49,000, you can lay your loving mitts on a genuine 1995 BMW M3 CSL Lightweight. According to the seller, the vehicle has never been raced or abused, and the photos make the factory-built racer look like a slice of cherry pie. There are a scant 36,619 miles on the clock, and the ad makes it clear that this particular example needs nothing but a driver behind the wheel. A driver with a flush bank account, that is.

If you’re wondering why we’ve gone all drooling ape over this car, you should probably know that this is one of the rarer M3 models out there. The seller notes that there were just 100 of these particular racers imported to the States, each with weight-adding bits like the spare tire sent to the dumpster in an attempt to keep weight as low as possible. Reports vary as to exactly how many pounds BMW managed to shed from the standard car, but estimates say that the models hit the scales at around 200-300 lbs less than their regular counterparts. Throw in even stiff springs and a host of go-fast parts that were user-installable for a little extra track dominance and you’ve got the beast you see above.

Did we mention this sucker is street legal? Head over to eBay Motors for a closer look. Thanks for the tip, Sid!

Gallery: 1995 BMW M3 CSL Lightweight

[Source: eBay Motors]

eBay Find of the Day: 1995 BMW M3 CSL Lightweight is ultra rare, ultra tasty originally appeared on Autoblog on Fri, 22 Oct 2010 15:31:00 EST. Please see our terms for use of feeds.

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eBay Find of the Day: 1993 Lincoln Town Car Limo ready for apocalyptic prom

Filed under: Aftermarket, Auctions, Lincoln, Humor, Luxury, Off-Road

1993 Lincoln Town Car Apocalimo

1993 Lincoln Town Car Apocalimo – Click above for high-res image gallery

It really is only a matter of time before our society dissolves into nothing more than the hollowed out shell of its former self populated by roving bands of blood-thirsty cubicle drones. We’ve seen the Mad Max saga, studied Water World and meditated on The Postman. We know exactly how this shindig ends, we just don’t know when it’ll happen.

Which is exactly why you need this beauty of modern engineering. You see, while there are plenty of vehicles suited for roaming the wastes, few can roll through burnt out city centers with the kind of sophistication and comfort as this modified 1993 Lincoln Town Car Limousine. With a mere 117,000 miles on what we’re assured is a meticulously maintained drivetrain, the apocalimo offers everything you need to spar with bandits in style.

Judging from the eBay listing, the seller is more than motivated to find this machine a new home thanks to neighbors that just can’t understand the value of being prepared. The current bid is just a wide hair over $3,000 with the reserve not met and a day left on the auction.

Gallery: 1993 Lincoln Town Car Apocalimo

[Source: eBay Motors]

eBay Find of the Day: 1993 Lincoln Town Car Limo ready for apocalyptic prom originally appeared on Autoblog on Tue, 19 Oct 2010 16:01:00 EST. Please see our terms for use of feeds.

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eBay Find of the Day: ’67 Jaguar concept commissioned by newspaper from Bertone

Filed under: Concept Cars, Classics, Coupe, Auctions, Jaguar

1967 Jaguar Pirana concept by Bertone – Click above for image gallery

There once was a time when the press shaped the news, not just reported on it. When newspapers still had budgets that stretched as far as their print runs… budgets big enough to commission their own show cars. GQ recently reached into that history when it teamed up with Citroën on its own concept, but long before that, England’s Daily Telegraph had a stab at it on its own.

Called the Jaguar Pirana prototype, it was a vision of what a cost-no-object car might look like. It was designed by Bertone – hence the similarity in shape to such contemporary exotics as the Lamborghini Espada and Alfa Romeo Montreal – and packed a 4.2-liter six.

Originally conceived for and unveiled at the Earl’s Court Motor Show in London back in 1967, the Pirana concept has since been resprayed from its original silver to a very Jag-like forest green. It’s got 16,000 miles on the odometer, but the best part is that it could be yours. For a price of course: the current owner in Palm Springs has put it up for grabs on eBay Motors with a starting price of $150,000. If only there were a newspaper baron alive today to give it a good home.

Follow the link to the auction page, check out the images in the gallery below or the video (pertinent footage begins around the 2:03 mark) after the jump.

Gallery: 1967 Jaguar Pirana concept by Bertone

[Source: eBay Motors via MotoBullet.com]

Continue reading eBay Find of the Day: ’67 Jaguar concept commissioned by newspaper from Bertone

eBay Find of the Day: ’67 Jaguar concept commissioned by newspaper from Bertone originally appeared on Autoblog on Fri, 15 Oct 2010 13:01:00 EST. Please see our terms for use of feeds.

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Online Find of the Day: 1985 Saab 900 Turbo limousine is long on charm

Filed under: Car Buying, Sedan, Etc., Saab, Specialty

1985 Saab 900 Turbo Limousine

1985 Saab 900 Turbo Limousine – Click above for high-res image gallery

Known as “The Classic” among brand fans, the first generation Saab 900 enjoyed a seriously long production run from 1978 to 1993. It was offered as a coupe, sedan, three and five-door hatchback and even a convertible version. One bodystyle the car car not offered in, however, was that of a stretched limousine. But that little omission apparently didn’t stop one determined Saab owner with plans for his 1985 900 Turbo. The mad scientist decided to add six feet to the 184.1-inch length of the original car. The result is a five-speed manual transmission equipped Saab 900 Turbo limousine, and it can be parked in (and possibly hang out of) your driveway for $12,500.

The owner has posted his turbocharged limo on SaabNet and states he states that the vehicle is very clean and runs great. It has 145,000 miles on the odometer, which for a 900 Turbo is barely middle-age. A first generation Saab 900 is pretty cool, and a turbocharged limo with a manual gearbox is certainly unique. We only wish we could see what has been done to the interior, but alas, there are no photos and with (what else) limo-tinted windows, there’s no peeking inside, either. The asking price seems a bit steep compared to what a normal 900 Turbo might command, but this might be the only limo that would be at home running the prom circuit as it would a Swedish forest rally stage, and that’s gotta be worth something.

The ad can be found in the SaabNet classifieds, scroll down a bit to find it.

Gallery: 1985 Saab 900 Turbo Limousine

1985 Saab 900 Turbo Limousine front three-quarter

[Source: SaabNet]

Online Find of the Day: 1985 Saab 900 Turbo limousine is long on charm originally appeared on Autoblog on Tue, 12 Oct 2010 16:56:00 EST. Please see our terms for use of feeds.

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Paris 2010: Mini Scooter E Concept can whisk us away any day

Filed under: Paris Motor Show, Mini, Electric

Mini Scooter E Concept

Mini Scooter E concept – Click above for high-res image gallery

Squaring off, in a way, against the escooter that Smart unveiled yesterday at the Paris Motor Show, is Mini’s entry in the fanciful all-electric scooter category, the Scooter E. There are more differences here than just where you put the “e,” most specifically, how each scooter boils the essence of their four-wheeled cousins onto a platform smaller than half the size.

You can see the escooter in detail here, then compare it to the Scooter E, which manages to put a lot of what makes a Mini look like a Mini onto just two wheels. We think the bold yellow stripe around the leg opening, up to the headlight and around the seat is a nice touch. Considering that the Mini E and the Scooter E are both battery powered, perhaps the stripe is supposed to lightly mimic the yellow on that iconic car? We like what we see, and, apparently, Mini is paying close attention to what it hears in Paris to decide if the Scooter E gets put into production. Got an opinion?

Gallery: Paris 2010: Mini Scooter E Concept

Paris 2010: Mini Scooter E Concept

Paris 2010: Mini Scooter E Concept can whisk us away any day originally appeared on Autoblog on Fri, 01 Oct 2010 17:59:00 EST. Please see our terms for use of feeds.

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eBay Find of the Day: 1959 Ferrari 250 California – If you have the means, we highly recommend picking one up

Filed under: Car Buying, Classics, Convertible, Performance, Auctions, Ferrari, Luxury

1959 Ferrari 250 GT California Spyder

eBay Find of the Day: 1959 Ferrari 250 GT California Spyder – Click above for high-res image gallery

One of our favorite cars on the planet, and perhaps in the known galaxy, is the Ferrari 250 GT California Spyder. This love affair is easily traced back to one Mr. Ferris Bueller and his Most Excellent Day Off. Sure, the car used in that movie was a Ford V8-powered kit car (oh, the delicious irony of that!) but the looks were there and they seared a lasting impression on our retinas and in our hearts. If one were to pop up on eBay, we would surely be ready to buy it – wait, scratch that because one IS on eBay with a current bid of $600,000 and an unmet reserve. This one’s a little rich for our blood but a steal for anyone out there…with the means.

This particular example is not your standard one-of-50-or-so-produced classic Ferrari 250 GT dream machines. This happens to be one of the nine aluminum-bodied competition cars. It also features the Tipo 508 D frame, which was an improvement over the less-stiff Tipo 508 C. The car has an interesting history as well. The son of the second owner was driving it home from a fishing trip in Florida when he was run off the road and landed between two bridge abutments. The body of the car was lightly damaged and some side body panels were fixed using steel instead of the original alloy material.

Since the car is not a perfect specimen, it just might be ripe for the picking. It certainly looks amazing, is original with the exception of the repaired panels and it represents an amazing period in the Ferrari timeline. The mileage is listed at 52,000 and we would love to help someone put a few more on the clock. We’ll even bring our copy of “Beat City” by The Flowerpot Men. Check out the auction for yourself over at eBay Motors and then a look through the gallery below. Finally, don’t forget to take a peek after the jump for a clip of some Ferris Bueller Ferrari action highlights.

PS: anyone who posts video of the car being destroyed will be banned (no, not really) – it’s been years since we watched that scene but our hearts simply cannot take another viewing.

Gallery: 1959 Ferrari 250 GT California Spyder

1959 Ferrari 250 GT California Spyder

[Source: eBay Motors, Motorator]

Continue reading eBay Find of the Day: 1959 Ferrari 250 California – If you have the means, we highly recommend picking one up

eBay Find of the Day: 1959 Ferrari 250 California – If you have the means, we highly recommend picking one up originally appeared on Autoblog on Tue, 28 Sep 2010 19:58:00 EST. Please see our terms for use of feeds.

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Video: Redneck Visionary bus jump something you don’t see every day

Filed under: Videos, Work, Humor

Magic Bus

Yep. That’s a bus in mid-air – Click above to watch video after the jump

For all of the wonders that the internet has unleashed, it has also desensitized an entire generation. Once upon a time, we’d have been shocked to watch someone shove a nine iron into a blender, but thanks to the proliferation of online videos, gratuitous and rampant destruction barely elicits a yawn nowadays. Perhaps that’s why we’re so taken with this video.

We don’t know why somebody decided to see what happens when a full-sized charter bus hits a motocross jump at speed. We’re just happy that they did (and that they brought a camera along). Hats off to the crew that orchestrated this mayhem, which you can watch for yourselves after the jump.

[Source: YouTube]

Continue reading Video: ~~Redneck~~ Visionary bus jump something you don’t see every day

Video: ~~Redneck~~ Visionary bus jump something you don’t see every day originally appeared on Autoblog on Sat, 25 Sep 2010 19:59:00 EST. Please see our terms for use of feeds.

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eBay Find of the Day: 1964 Pontiac XP833 Banshee Concept

Filed under: Concept Cars, Classics, Coupe, Performance, Auctions, Pontiac

1964 Pontiac XP833 Banshee Concept

1964 Pontiac XP833 Banshee Concept – Click above for high-res image gallery

You never know what you’re going to find on eBay. The auction house of the interwebs routinely plays host to metal both obscure and unique – two categories the vehicle you see above satisfies without question. It’s a 1964 Pontiac XP833 Banshee Concept, and while it’s easy to think that the car is little more than a warmed over Corvette design, the truth is that this particular Poncho had widespread influence on General Motors design language for more than a decade.

Originally penned by none other than John Delorean, the Banshee was supposed to be a more sports-oriented competitor to the recently introduced Ford Mustang. Unfortunately, when the concept was completed, the higher-ups felt that the Banshee would threaten the Corvette throne and the project was scrapped. It’s a song that would be repeated time and time again in the future.

Pieces of the Banshee design would live on in cars like the C4 Corvette and Pontiac Firebird, but the actual concepts themselves were slated for destruction. Fortunately, the studies were boxed up in shipping crates and tucked away for safe keeping, eventually sold to the GM execs who had taken part in the Banshee project. This particular example has a mere 1,500 miles on the clock and sits in its original condition. It can be yours for the right price, but with almost $50,000 on the auction and the reserve not met, it ain’t gonna be cheap.

Gallery: 1964 Pontiac XP833 Banshee Concept

[Source: eBay Motors]

eBay Find of the Day: 1964 Pontiac XP833 Banshee Concept originally appeared on Autoblog on Mon, 13 Sep 2010 16:56:00 EST. Please see our terms for use of feeds.

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