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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.

Jaguar Mark 2 by Ian Callum revealed (video)

Ian Callum and his ‘new’ Jaguar Mark 2 More than a year ago we reported that Jaguar designer Ian Callum was working with Classic Motor Cars (CMC) to redesign and recreate the perfect Jaguar MK II. And now it’s finished. The finished car has been revealed at the official opening of CMC’s new HQ in Shropshire, and although the updates Callum has made to the Mark 2 may not be to everyone’s taste, they are impressive and the car does look glorious.

McLaren F1: Ron Dennis considered building more orginal F1s to rake in cash

McLaren F1 - Ron Dennis mulled producing more cars McLaren boss Ron Dennis has confessed he considered cashing in on the current price of the original McLaren F1 by building more. The price of an original McLaren F1 is nothing short of stratospheric. Prices of £3 million, £4 million and more have been paid for one of the 64 F1 cars McLaren made in the 1990s.