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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.
Nissan Pulsar price and spec announced
Fri, 04 Jul 2014Want a Volkswagen Golf-sized hatchback sporting a Nissan badge? Well, you’ll be able to from this autumn, as the company launches its first mid-sized hatchback since the Almera. The Nissan Pulsar will be the first typical family hatchback from Nissan since it took the brave move to launch the Qashqai in 2007 – and it will cost from a reasonable £15,995.
Team Lotus snaps up Caterham +video
Wed, 27 Apr 2011Team Lotus buys Caterham Cars - and a Team Lotus Special Edition Seven to celebrate Team Lotus – that’s the ‘Lotus’ F1 run by Tony Fernandes, not the Hethel mob run by Dany Bahar – has bought Caterham Cars from Corven Ventures for an undisclosed sum. Which is all very apposite, what with Caterham being the spiritual home of Colin Chapman’s Lotus Seven and keeper of the Chapman ethos of lighter is better. To tie Caterham back in to the Lotus name could work wonders for sales.