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Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.

Lexus To Launch Sporty RC F Coupe At Goodwwod Festival Of Speed

JAPANESE premium car maker Lexus is to mark its attendance at next week’s Goodwood Festival of Speed by unveiling its latest sports coupe, the RC F. Due for launch in 2015, the RC F’s public debut won’t be restricted to a static display, as the car will also be driven up the famous Goodwood hill over the course of the festival weekend. At the car’s heart is a 5.0-litre, 450 horsepower petrol V8 motor, while trick electronics ensure its remains stable despite the considerable power available at the driver’s disposal.

2012 BMW 6-series coupe revealed in production trim

Following an initial preview in a lightly veiled concept car shown at the Paris motor show, BMW has finally revealed the definitive production version of the 6-series coupe. Set to get its first public airing at the Shanghai motor show in April, the upmarket coupe is planned to follow the 6-series convertible into North American showrooms later this year, providing BMW with a contemporary two-door to rival the Jaguar XK and the Mercedes-Benz E-class coupe. The BMW was shown by AutoWeek this fall (“Sexy 6-Series,” AW, Oct.