Hurst Shifter Handle on 2040-parts.com

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.

TVR set for 2015 comeback

TVR's new owner, Les Edgar, has dated 2015 as the company's comeback, as they plan to have a two-car range costing 50,000-80,000 pounds ($76,155-$121,848). Having produced cars such as the Griffith, the Grantura, the Cerbera, the Chimaera, the Tuscan and the Sagaris, TVR hopes to continue and evolve this spirit after a production hiatus in 2006 due to ownership change. "It is a well-thought-out business plan, and at the root is the requirement to make money,” stated Edgar in an interview with Autocar.

Saab 9-4X (2008) at Detroit

By Ben Oliver First Official Pictures 14 January 2008 16:51 Saab pulled the covers off its new 9-4X small SUV, which goes on sale early in 2009 to rival the BMW X3 and new Mercedes-Benz GLK. Although officially dubbed the 9-4X Biopower Concept, GM Europe’s advanced design chief Anthony Lo promised CAR Online: 'We’re not teasing you. This is pretty much the car you’re going to get.' Controversially, the new Saab won’t be built in Sweden, but in Mexico, where it will share a factory with the still-secret Cadillac BRX which it will closely resemble.