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Obama vows to help rebuild industry to compete, win
Wed, 25 Feb 2009President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.
No performance upgrades for Subaru BRZ STI?
Mon, 19 Aug 2013Earlier this week we brought you first news and pictures of the Subaru BRZ STI – and discussed the potential for a set of high performance upgrades taking the car’s output to around 300hp. However, according to people who claim to be in the know, this first round of STI add-ons for the Subaru BRZ could be little more than cosmetic and chassis changes. On Bing: see pictures of the Subaru BRZ Find out how much a used Subaru BRZ is worth on Auto Trader Subaru originally rebuffed suggestions that it would fit a turbocharger or supercharger to the car’s 2.0-litre flat-four engine, which would easily take power from the standard 200hp output up to around 300hp.
Panoz confirms new Abruzzi road car
Mon, 03 May 2010The recurring rumor is now put to rest. Don Panoz, founder of Panoz Auto Development and the American Le Mans Series, said on Monday that the latest Panoz sports car--the Abruzzi “Spirit of Le Mans”--will be formally unveiled in June in France, in the lead-up to the 24 Hours of Le Mans. “We wanted to wait until Le Mans to release official photos of the car, but today we are providing a ‘teaser’ image of the Abruzzi ‘Spirit of Le Mans’ that hints at what the final car will be like,” Panoz said.