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EPA rules greenhouse gases pose danger; more regulation expected

The EPA has proposed a finding that greenhouse gases from new vehicles and industrial plants pose a danger to the public, kicking off a process that could result in tighter regulation of carbon dioxide emissions. The EPA's findings come two years after the U.S. Supreme Court ordered the agency to determine whether these emissions contribute to harmful air pollution under the Clean Air Act or whether the science is too uncertain.

Aston Martin Vantage GT2 (2008): first official pictures

By Ben Pulman First Official Pictures 31 March 2008 11:03 Aston Martin Racing has officially unveiled the Vantage GT2. Its 4.3-litre V8 produces 500bhp and the Vantage GT2 weighs a mere 1200kg. That means it'll be quick, and it needs to be. The Vantage will have the unenviable task of taking on Porsche and Ferrari in the most competitive endurance racing class, GT2. The price?

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.