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Cash-for-clunkers deal to end Monday night, government says
Thu, 20 Aug 2009The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.
New models to spur sales, J. D. Power says
Sun, 06 Feb 2011A flood of new-model introductions this year will help pump sales volume for the industry, according to forecasts from J.D. Power and Associates. Automakers have scheduled 60 new or substantially redesigned model introductions this year, compared with just 36 in 2010, by Power's count.
Fiat Grande Punto Abarth (2007): first official pictures
Thu, 08 Mar 2007By Jack Carfrae First Official Pictures 08 March 2007 11:56 Fiat Grande Punto Abarth: the lowdown Fiat is finally resurrecting the sporty Abarth badge for a Grande Punto hot hatch, unveiled at the Geneva Motor Show this week – and aimed squarely at beefed-up supermini rivals such as the Fiesta ST and Skoda Fabia vRS. Discreet, it ain’t. The new model is coated with chunky Abarth badges and bright-red, go-faster stripes, all bearing the name or trademark scorpion logo of the historic brand.