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Congress scales back tax break for car buyers

A 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.

Mazda MX-5 Venture Edition for the UK

The Mazda MX-5 Venture Edition comes as a coupe or convertible The Mazda MX-5 Venture Edition – available as Convertible or Coupe – is the latest MX-5 Special Edition for the UK. Starts at £18,995. The Mazda MX-5 gets the same sort of marketing as the MINI or Fiat 500, with seemingly endless MX-5 ‘Special Edition ‘ versions to drag punters in to showrooms.

Hyundai reveals updated 2011 Genesis coupe range

After holding its own against more established rear-wheel-drive coupe offerings such as the Ford Mustang and the Nissan Z, Hyundai is updating its Genesis coupe for the 2011 model year. Highlighting the changes is the addition of a new 3.8 R-Spec equipment package, which previously was only available on the turbocharged four-cylinder model. Included in the R-spec package are 19-inch wheels with Bridgestone Potenza RE050A tires, Brembo brakes, a stiffened suspension, a limited-slip differential and adjustable front camber bolts.