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Congress scales back tax break for car buyers
Thu, 12 Feb 2009A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.
GM donates Insignia prototype to Coventry University
Tue, 21 Jul 2009Though the cloud of uncertainty is currently looming over General Motors' Opel and Vauxhall brands, the economic climate hasn't deterred its Vauxhall division from showing a bit of generosity. Recognizing the burgeoning talent at one of the UK's leading design schools, the British arm of the American automotive giant recently offered car design students from Coventry's School of Art & Design an Insignia prototype, which will be used for 'real life' styling exercises. "We are delighted that Vauxhall has chosen to donate this vehicle to the university for our students to work with.
Hyundai iX35 (2010) and Santa Fe (2010) 4x4s scooped
Thu, 16 Jul 2009By Richard Webber First Official Pictures 16 July 2009 15:50 We’ve scooped a brace of spy shots showing the next generation of Hyundai 4x4s – a facelifted Santa Fe and the iX35, the all-new successor to the Tucson. Both will use Hyundai’s high performance ‘R’ turbodiesel engines and the choice of a manual or new automatic six-speed ‘box. It’s largely derived from the iX-onic concept shown at Geneva in March 2009, including the snake-eye side glass profile (which has been obscured at the rear on this mule) and at least some of the muscle on the wings.