Belden Bel 735610 - Trailer Wire / Cable on 2040-parts.com

Ferrari Superamerica 45: One-off 599 created for wealthy American customer

Ferrari has revealed a one-off version of the 599 commissioned by New York-based art collector and property developer Peter Kalikow. Called the Superamerica 45, the new open-top car was created to commemorate the 45th anniversary of Kalikow's first Ferrari purchase, a secondhand 400 Superamerica convertible. It will go on public display for the first time at this weekend's Concorso d'Eleganza Villa D'Este on the shores of Lake Como in Italy.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

How to cash in on 'cash for clunkers'

OK, the "cash-for-clunkers" or "cash-for-guzzlers" program has cleared both houses of Congress and is on its way to the White House for President Barack Obama's signature, which is likely. Now, you have questions, such as, "How do I cash in on this?" Well, here are some answers: -- The program applies only to 1984 model year and newer vehicles. And the "clunker" has to have a combined fuel-economy rating of 18 mpg or less.