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U.S. says 90 percent of clunker claims have been approved
Tue, 22 Sep 2009The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.
Peugeot 908 RC concept (2006): first official pictures
Fri, 11 Aug 2006By Phil McNamara First Official Pictures 11 August 2006 01:11 The lowdown Jaw-dropping luxury car design and a high-tech racing chassis collide in the 908 RC, Peugeot's showpiece concept for the upcoming Paris motor show. Part-limousine, part-Le Mans racer, the 186mph 908 is sure to be one of the most fascinating vehicles at Peugeot's hometown show in September. The four-door, four-seat limousine has an unusual layout reminiscent of the Ferrari Mondial, with an engine mounted behind the back seats.
Chevy Volt production stopped as sales falter
Sat, 03 Mar 2012Chevy Volt production halted General Motors has announced that they’re halting production of the range-extender Chevrolet Volt as sales falter. The Chevy Volt is General Motors’ car of the future (and sister car to the Vauxhall Ampera) with a range extender engine and the ability to run on a plug-in charge. And GM proclaimed it as the future of the company and did everything they could to keep costs in check.