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Cash-for-clunkers deal to end Monday night, government says
Thu, 20 Aug 2009The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.
Volvo ES wagon completes new concept car trio (2014)
Mon, 24 Feb 2014By Ollie Kew and Damion Smy First Official Pictures 24 February 2014 10:00 This is our first look at the new Volvo estate car concept that’ll be shown at the 2014 Geneva motor show. Called the Volvo ES Concept, it’s the third and final design study from Volvo’s new chief designer Thomas Ingenlath, who’s been pinched from Volvo rival VW to pen a sharp and sexy new range of Swedish metal to take on the dominant Germans. We’ve seen Ingenlath’s idea of a BMW 4-series-sized coupe, and an XC90-previewing SUV.
Mercedes-Benz SLS prepped to go GT3 racing
Tue, 23 Mar 2010Mercedes-Benz AMG pulled the wraps off its new race car on Monday in Oaxaca, Mexico, scene of a commemoration of Mercedes' victory in the 1952 Carrera Panamericana. The new SLS GT3 is a modified Mercedes-Benz SLS intended to meet FIA homologation requirements for the GT3 class in series throughout the world. While it's not known what the production car will look like when it starts going to customers either this fall--according to the press release--or "before the start of the 2011 racing season," according to AMG's Thomas Rappel, the prototype shown in Oaxaca had a full roll cage, a new front skirt with splitter, rear diffusers and an enormous rear wing.