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Most of Saleen sold to Michigan group

The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.

Honda unveils Insight Hybrid

Honda has released the first official images of the Prius-fighting Honda Insight, which is due to launch in the New Year at the Detroit Motor Show, and be in UK Car showrooms in the Spring of 2009. Honda has been sceptical about the future of the Hybrid/Electric car, and has expressed the view that it believes the long term future lies in Hydrogen powered EVs, rather than EVs per se. But this is a sensible move by Honda to take away sales from the Toyota Prius.

Avoid Hurricane Sandy cars with these tips

Hurricane Sandy hit the East Coast a year ago, and like all storms its size, we're still paying for its unintended consequences today. One of the areas that always gets a boost after a storm like this is the used car market. More than 250,000 cars were damaged by the hurricane, and 50 percent of these will be resold, according to Kars4Kids, the nation's largest car-donation charity.