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Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
Marin Sonoma Concours d'Elegance to feature French classics
Wed, 09 May 2012The Marin Sonoma Concours d'Elegance will bring a selection of coachbuilt French cars to the Marin Civic Center in San Rafael, Calif., on May 20. The concours will also celebrate Italian automobile designs from 1946 to 1975 and the 75th anniversary of the demise of Cord. The work of Joseph Figoni of Coachwork by Figoni et Falaschi will be well represented at the show.
Ford B-Max set for Geneva 2011
Fri, 10 Dec 2010The Ford B-Max crossover, based on the Iosis Concept (pictured), will debut at Geneva 2011 The Ford Fusion arrived in 2002 as a stretched version of the Ford Fiesta – a mini MPV. And for a while it did pretty well in the sales charts, reaching a peak in 2007 as second only to Vauxhall’s Meriva. But its slide since then has been significant and last year it languished in fifth place with sales of 30,000.