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Guzzler program still operating; White House searches for funds
Fri, 31 Jul 2009The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.
VW and Suzuki move closer together with joint projects
Tue, 29 Jun 2010By Georg Kacher Motor Industry 29 June 2010 10:29 As predicted by CAR Magazine, Volkswagen last year bought a 19.9% stake in Suzuki. But according to the Wolfsburg grapevine, the minority interest is set to increase by 10% annually over the next four to five years. Fact or fiction?
Ferrari 599 GTO photo and prices
Sat, 27 Mar 2010The Ferrari 599 GTO snapped at a private launch event TheĀ rumour-millĀ has been running wild on the first GTO to come out of Ferrari in quite some time. We first heard news of a ‘Limited Edition’ Ferrari 599 in late October when we spoke to a guy who’d been invited to put a deposit on a ‘Special 599′. At that point we had no clue it would get the GTO badge.