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Concept Car of the Week: Ghia Streamline X 'Gilda' (1955)

In 1954 Virgil Exner, director of styling at Chrysler, created a scale clay-model to communicate to his team his vision of futuristic and aerodynamic shapes. The sculpture was then painted black and was left on display in Exner's Office. There it caught the eye of Luigi Segre, director of Ghia who expressed his intentions to create a car inspired by the forms of the model.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

EPA makes it official--greenhouse gases are pollutants

On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles. The finding is likely to have a greater impact on electric utilities, oil companies and manufacturers than on the auto industry. The EPA's scientific finding reported that these gases “are the primary driver of climate change,” which can intensify heat waves and increase ozone pollution linked to asthma and other respiratory illnesses.