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Congress scales back tax break for car buyers
Thu, 12 Feb 2009A 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.
Local Motors Announces Texas Competition
Sat, 30 Jan 2010New American car company Local Motors has announced the Texas Motors competition, the 19th design contest initiated by the Boston based start-up company. The deadline for submissions is February 10, 2010. The brief, which asks entrants to design a dynamic and capable hunting vehicle for the gamers of the largest US state, stipulates that the vehicle should be a ready-made solution for hunters of every variety, whether hunting stags or fowl.
2012 BMW M5 Preview Video
Wed, 16 Mar 20112012 BMW M5 - another teaser video The tease for the 2012 BMW M5 started just ten days ago when we published BMW’s first M5 teaser video. Just the briefest of glances of the new M5 – still camouflaged – in a snowy, evocative landscape. But now we get what appears to be the same video only this time we get shots of the still camouflaged M5 cut in instead of cut out.