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Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

Cars Cause Global Warming – is the myth about to be debunked?

Is the global warming myth about to be debunked? Our views are well known on the whole climate change and ‘Cars kill the Planet’ ethos that has become received wisdom in the last decade. It isn’t a popular view and, in the eyes of many, is akin to being a holocaust denier.

Why LaFerrari was designed in Maranello

Love it or hate it, the design of LaFerrari comes completely from one place— Maranello. The most powerful street-legal Ferrari ever made was styled entirely in-house, which means that for the first time in recent memory, a Ferrari wasn't crafted by Pininfarina. An Italian legend in its own right, the design house has created nearly 200 Ferraris dating to the early 1950s.