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Monterey video: A closer look at the 1957 Ferrari 410 SuperAmerica Series II
Sat, 20 Aug 2011Take a closer look at Chris LaPorte's 1957 Ferrari 410 SuperAmerica Series II, which was honored for its unrestored condition at the Quail on the Monterey Peninsula. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.
New Chevrolet Aveo (2011 / 2012) revealed
Wed, 08 Sep 2010The Chevrolet Aveo debuts at Paris It always seems a bit strong proclaiming that a new car has been revealed when we know it’s probably going to be a year before said car hits the showrooms. And so it is with the new Chevrolet Aveo we have here which, despite Chevy saying this is the production car, won’t hit the roads in the UK for a year. That long gestation period could even change the 2011 Chevy Aveo in to the 2012 Chevy Aveo, which considering the ‘Concept’ for the new Chevy Aveo was shown at Detroit in January is one long introduction phase.
Tesla pays off its government loans
Thu, 23 May 2013Tesla 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.