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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.
Chevrolet Cruze gets better fuel economy for the 2012 model year
Thu, 19 May 2011The 2012 Chevrolet Cruze is making a run at its Eco brother, with a highway fuel-economy rating of 38 mpg with an automatic transmission, 2 mpg more than last it got last year. A manual transmission is now more widely available on the Cruze, according to the General Motors ordering guide. The 1LT and 2LT models will now be available with the six-speed manual, which should increase the fun quotient with the turbocharged 1.4-liter engine.
Kia at the London motor show 2008
Wed, 23 Jul 2008Kia Soul Burner: it's a lightly modded version of Kia's new junior Qashqai coming in later 2008 By Gavin Green Motor Shows 23 July 2008 01:32 Expansionist Kia shows no sign of slowing down its forays into the European car market – and the London show provides more evidence of what's to come from the Koreans. What’s new on Kia's London motor show stand? Nothing. But the Kia people are proffering photos of the new production Soul, set to make its show debut at Paris in autumn 2008.