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Guzzler program still operating; White House searches for funds
Fri, 31 Jul 2009The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.
Here's the former Ukrainian president's car collection
Mon, 24 Feb 2014Just a couple days ago, the world media and some bewildered journalists got a glimpse of now-departed Ukrainian president Viktor Yanukovych's villa on the Dnieper river, called Mezhyhirya. The sprawling and not-particularly-tasteful residence rests on a 345-acre lot of real estate (a little over half the size of Monaco) and features a golf course, a zoo, and an artificial lake with a ship resembling something out of Disney's "Pirates of the Caribbean" theme park ride. And it also boasts an impressive collection of about 70 cars and motorcycles.
Are GM planning to shut Vauxhall for good?
Sun, 14 Oct 2012Could General Motors (GM) be planning to close Vauxhall down for good as they seek an answer to huge losses in Europe. General Motors has had its share of problems in the last few years, not least the bailout needed to save it from bankruptcy in the US. That US bailout has seen GM return to profit in the US, but GM Europe continues to be a big hole in its accounts as the European car market continues to struggle with over capacity and a lack of buyers for traditional mainstream cars.