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Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.

Design Contest: LA Auto Show previews 2006 Design Challenge

Dec 2, 2005 - The Los Angeles Auto Show has revealed entries for the second annual Design Challenge, part of the 'Design Los Angeles' automobile designers conference. Now in its second year, the conference bridges designers interests by providing workshops, leading design speakers and the opportunity to address common issues. More than 400 designers attended last year's inaugural event.

GM to seek another shared Toyota model to replace Vibe

Even as it shrinks its North American product portfolio, General Motors is negotiating with Toyota Motor Corp. to determine a new GM product to be jointly produced at the automakers' 50-50 joint venture, New United Motor Manufacturing Inc. A GM spokesman said that, if successful, the negotiations would result in a new model for one of GM's surviving brands -- Chevrolet, Buick, GMC or Cadillac.