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Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.

Volkswagen designer gets 2011 lifetime achievement award

Volkswagen Group designer Walter de'Silva was chosen for this year's Lifetime Design Achievement Award at EyesOn Design, which ran over Father's Day weekend in the Detroit area. About 260 invitation-only vehicles were in attendance at Sunday's car show on the grounds of the Edsel & Eleanor Ford House in Grosse Pointe Shores. They were chosen based on this year's theme of "Designing for the Future." Only car designers who have previously won the Lifetime Design Achievement Award were allowed to vote on a winner for 2011.

Ferrari World Abu Dhabi – the petrol-head theme park

The impressive structure of the Ferrari World Theme Park on Yas Island in Abu Dhabi Makers of super cars may be having something of a torrid time at the moment with the world saving instead of spending. But if you have an iconic brand there’s more than one way to skin a cat to bring in the revenue. Cue Ferrari World in Abu Dhabi which has now risen from the desert and well on the way to being finished for the grand opening in 2010.