Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

New January 2009 issue of CAR Magazine

By Tim Pollard 26 November 2008 11:43 The new January 2009 issue of CAR Magazine goes on sale today – and we're lifting the lid on all the new cars of 2009. Don't miss our exclusive photoshoots and stories on 64 of the most important cars of the year. Edited highlights include:• All the key cars of 2009 under one roof• Porsche Panamera unveiled: six-page story• In-depth preview of the new Nissan 370Z• Giant test: Alfa Romeo Mito vs Mini vs Fiesta vs Ibiza vs Twingo• Exclusive!

Kia shows off rear-drive Stinger again before Detroit auto show

Kia dropped another teaser shot of its GT4 Stinger, headed for the Detroit auto show next week. It's an overhead view, giving us a good look at the fender flares. The GT4 will house a 2.0-liter turbocharged, direct injected four-cylinder, which delivers 315 hp.