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Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.

Infiniti introduces personal concierge service with new cars

The luxury-car market is tough a game when the economy is going good. When it's bad, automakers have to think up all sorts of incentives to get buyers into showrooms. Case in point: the personal concierge service from Infiniti.

Ford Iosis X concept

With an abundance of small SUVs entering the European market, Ford has been conspicuously absent from this segment, something that the Iosis X will hope to quell. Using the same 'kinetic design' theme as the Iosis concept from last year, the Iosis X puts a coupe-like window graphic and roofline upon thick sills, similar in this respect to the Opel Antara concept. But while Opel will have their model on the road imminently, those wanting the Ford equivalent will have to wait until early 2008 for the forms to be toned down and put in showrooms.