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Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Mazda CX-5 gets new trim levels

Mazda CX-5 gets new trim levels When car makers come up with trim specifications for their models, they do so in a way that gives easy stepping stones in equipment levels, from hair shirt to over the top. They also expect that many buyers will pay a visit to the options list to add in a few extra goodies to the standard spec, but it looks like Mazda has been getting the same request repeatedly from buyers of the CX-5 compact SUV – give us a sunroof and leather. Until now, the only way to get sunroof and leather was to opt for the range-topping Sport trim – which costs from £27.5k – but now Mazda has added two trim levels beneath the Sport - SE-L Lux and SE-L Lux Nav – which come already equipped with the two most requested extras.

Millionth Range Rover presented to Jezza for Help for Heroes

Jezza gets the millionth Range Rover together with Lance Corporal Matt Croucher and Private Derek Derenalagi It’s a very large number of Range Rovers, 1,000,000. Although you do have to remember that is a production number over a forty year period. Still, long time or not it’s a milestone for the first proper luxury SUV to achieve, and in its fortieth year of production just to make the maths nice and easy – 25,000 a year.