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Cash for clunkers plan revives trade fight
Thu, 05 Feb 2009Import brand automakers and dealers warned on Thursday that a vehicle scrappage proposal before the Senate would violate trade agreements and could weaken the economy. The Senate could vote on the plan on Thursday, which would offer $10,000 to any moderate- or low-income consumer who trades in a car or truck that is at least 10 years old and buys a new one that is more fuel-efficient and "assembled in the United States." The trade-ins would be scrapped rather than resold. The U.S.-made mandate "smacks of the protectionism that led to the Great Depression," said Barbara Nocera, the top Washington lobbyist for Mazda North American Operations.
CDN-GM Interactive Design Competition – Deadline extended!
Tue, 01 Nov 2011The deadline for the second Phase of the CDN-GM Interactive Design competition has been extended until Monday, November 7th. This gives you another week to tweak, improve on and finalize your already impressive entries. We apologize to any of you who may have experienced any technical issues over the weekend.
Aston Martin reveals the 2012 V12 Vantage GT3 race car
Wed, 24 Aug 2011Aston Martin V12 Vantage GT3 It’s been mooted for quite a while, but now it’s confirmed – AM are to replace the DBR9S race car with the Aston Martin V12 Vantage GT3. Built on Aston Martin’s now rather ancient V/H architecture modular chassis, the Vantage GT3 also features Aston Martin’s one and only engine – the V12 originally built from a pair of Ford Mondeo engines – which in the GT3 version will produce something in the region of 600bhp and 516lb/ft of torque. What the GT3 also gets – as the photo above clearly demonstrates - are new aerodynamics, which makes the GT3 seem much more aggressive than the V12 Vantage on which it’s based.