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Legally Binding: Senate proclaims July 9 collector-car appreciation day

Now here's legislation we can all get behind: The Senate has passed a resolution designating July 9 as Collector Car Appreciation Day across the land. That's a Friday, meaning enthusiasts everywhere have a great excuse to drive to work in their favorite classic or vintage car--or to take the day off and simply drive. Or to wrench on that jalopy so one day, it will run again.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.

IFR Aspid strikes Spanish gold

By Tom Richards Motor Industry 08 August 2008 13:32 More than 100 potential IFR Aspid customers have signed up for a two-day test drive following the new two-seater sports car's unveiling at the London motor show last month. Now the Spanish manufacturer is seeking to create an international dealer network.The Aspid has been in secret development for five years, with IFR working hard on making it relevant to the needs to the 21st century. Although there are no definite CO2 figures, a kerbweight of 700kg means the Aspid should be capable 56.4mpg, they say. The chassis and suspension are aluminium, while the bodywork is carbonfibre and the brakes are made from stainless steel. Definitely.