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Clunkers claims hit $1.15 billion Monday, government says
Tue, 11 Aug 2009Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.
Touring Superleggera Disco Volante and Ralph Lauren Bugatti win at Villa d'Este
Wed, 29 May 2013The Touring Superleggera Disco Volante was the surprise winner of the Design Award for Concept Cars and Prototypes at 2013 Concorso d'Eleganza Villa d'Este. It beat the likes of the BMW Pininfarina Gran Lusso Coupe, Aston Martin CC100, Infiniti Emerg-E and McLaren P1, although it should be said that BMW, as a major sponsor of the event, dosn't enter its cars into the vote. The Alfa Romeo-based sports car once again proved that if it's red Italian and with a Milanese connection, it's a dead cert for winning the prize, voted for by both the judges and the general public.
Fiat CEO confirms he wants alliance with Opel
Fri, 01 May 2009Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. They are our perfect partner," CEO Sergio Marchionne told Fiat-owned newspaper La Stampa in a story published Friday.