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Ferrari F430 Spider Biofuel concept (2008): first official pictures

By Stephen Dobie First Official Pictures 15 January 2008 11:32 Everyone was going green at Detroit - even Ferrari. It unveiled its new, hitherto rarely seen green side in an attempt to woo the increasingly environment-conscious America. The F430 Spider Biofuel runs on E85 fuel, meaning 85 percent of the mix is renewable ethanol.

GM sells trucks through Costco program

Membership warehouse retailer Costco has launched a deal with General Motors allowing its members to buy certain Chevrolet and GMC trucks through select franchised new-car dealers at a "preferred price"--generally equivalent to the price that the automaker offers its suppliers' employees. Rick Borg, vice president of the Costco Auto Program, on Tuesday said the club expects its members to buy more than 5,000 new Chevrolet and GMC trucks under the program. The program runs through Jan.

Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.