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Italy’s Supercar sales down 80% as Italy heads for 50 year car sales low

Sales of Supercars in Italy have dropped 80% in the last 5 years and car sales look set to drop to the lowest point since 1966. We all know the Eurozone is finally paying the price for stitching together powerhouse economies and basket case ones with the same blunt fiscal tools to control their economies. And even Italy – once a major Southern European economy – seems to be as big a basket case as Greece and Cyprus if you start to dig a bit.

Ford sales rise 40 percent, Chrysler up 61 percent as industry rebounds

Ford Motor Co. posted a 40 percent increase in U.S. sales last month and Chrysler Group soared 61 percent as the industry showed signs of rebounding from an August slump.

Would you get into a cab that looks like this?

Nissan is hell-bent on taking over the world's taxicab fleets with its NV200 van. First, it invaded New York with a thoughtfully redesigned, nearly luxurious yellow cab, all but ready for its hard-earned medallion (but not quite). It hopes to fare better in London, seeking a place among the 22,000 black cabs that fill the city's streets.