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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.
2013 Maserati Quattroporte engines revealed – new V6 & V8 Turbos
Wed, 05 Dec 2012The 2013 Maserati Quattroporte will get a new 8-speed ZF auto ‘box, a new V6 turbo engine with 404bhp and a V8 twin turbo with 523bhp. 4WD option on V6. But despite sharing photos of the new Quattroporte, Maserati didn’t see fit to let us know just how big the new Quattroporte will be nor what will be going on under the skin.
CAR interviews Karl Schlicht, Toyota and Lexus product chief (2014)
Mon, 07 Jul 2014By Damion Smy Motor Industry 07 July 2014 11:07 CAR magazine interviewed Karl Schlicht, the product chief at Toyota and Lexus, to find out how one of the world's biggest car makers is fighting to make its cars more engaging. Japan's biggest manufacturer seemingly has quality and engineering licked, but is keen to inject real desirability on its European range - and products like the GT86 sports car and recently facelifted Yaris suggest that Toyota is making strides in that direction. Read on for our full interview.