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Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
BMW Z4 GT3 (2010) first official pictures
Mon, 08 Mar 2010Z4 M fans look away now – this is an officially sanctioned BMW Z-car with the 4.0-litre V8 engine from an M3. This is the BMW Z4 GT3. It isn’t, at least not for the road – the Bavarian company maintains that its sDrive 35iS Z4 with a 335bhp twin-turbo straight is as far as it’ll go.
Hummer HX concept (2008): first official picturesHX
Tue, 15 Jan 2008By Ben Oliver First Official Pictures 15 January 2008 20:57 The Hummer HX concept was one of the surprise hits of this year’s Detroit show. Penned by three young designers, it is pure concept-car madness. But it is also an admission by General Motors that Hummer needs to downsize if it is to survive.