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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.
Peugeot 207 CC (2006): first official pictures
Wed, 06 Dec 2006By Phil McNamara First Official Pictures 06 December 2006 08:28 Peugeot 207CC: the lowdown Peugeot has re-invented its folding hard roof supermini, the car that brought Mercedes-style roof technology to a wider audience. The 207 Coupe Convertible goes on UK sale next March, priced from just under £15,000. This CC is based on the 207's stiffer, front-wheel drive chassis, and the big news is that it has an all-new roof mechanism.
GM recalls 1.5 million vehicles for oil leak
Mon, 13 Apr 2009General Motors is recalling nearly 1.5 million Buick, Chevrolet, Oldsmobile and Pontiac mid-sized cars equipped with a 3.8-liter engine because an oil leak could start an engine fire. Under hard braking, engine oil could leak past a heat shield and drip on the exhaust manifold. The National Highway Traffic Safety Administration says that could start a small fire that could spread to a plastic spark plug wire guide and beyond.