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Obama calls for shared sacrifice in auto bailout
Fri, 16 Jan 2009President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.
'Defective tyre' prosecutions top 10,000
Fri, 04 Oct 2013MORE THAN 170 motorists were convicted every week in 2012 for driving on defective or even dangerous tyres. The figures, obtained by tyre safety charity TyreSafe as part of its efforts to improve awareness during Tyre Safety Month, show that 10,228 drivers were taken to court over their tyres. As rain becomes a more regular fixture for most motorists up and down the country, following an unusually dry summer, tyre tread depth and pressure become even more important.
Lexus LF-Gh Concept video preview
Thu, 14 Apr 2011Lexus LF-Gh Concept - the video Lexus teased us with the LF-Gh Concept ahead of its debut at the New York Motor Show this month, and this week dropped a pile of LF-Gh photos and some outline information on us. And we were a bit dismissive. A bit dismissive because we were expecting/hoping for something more than a concept which points the way to the next generation GS, which is what we’ve actually got.