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Why we love Maximum Bob: A column by Dutch Mandel

In announcing that he will leave General Motors at the end of this year, product czar Bob Lutz bows out gracefully and elegantly and does it in the style that forged his legend. It's also a move made none too soon and if not hastened by Beltway functionaries, then punctuated by it. But make no mistake: Bob Lutz is not running from the fight engulfing Detroit and the rest of the automaking world.

Bugatti Veyron – Eight Veyrons sold to one buyer

Bugatti Veyron - 8 sold to one customer However wealthy you are it’s hard to imagine spending more than £1 million on a new car; a classic, certainly, but a new car with all that depreciation? No, thanks.  But that’s really just the starting point for a Bugatti Veyron, with the Veyron Grand Sport and the Veyron Super Sport costing substantially more than that.

JUNKER KEEPER: Federal database tracks totaled vehicles, clunkers

First, it was the hurricane-damaged used cars flooding the market. Now, it’s the clunkers turned in--and supposedly junked--as part of the federal Cars Allowance Rebate System “cash for clunkers” program. Following Hurricane Katrina, cars declared as total losses in one state were able to get clean titles in other states and were resold to unsuspecting consumers.