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Senate approves tax break for auto loan interest
Wed, 04 Feb 2009The 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.
Ferrari Approved
Wed, 16 Jan 2008By Stephen Dobie Motoring Issues 16 January 2008 18:45 Buying a Ferrari – if you have the money not exactly a method of torture in the first place – has just improved. Second-hand models sold through Ferrari UK’s 15-strong dealer network are set to be backed up by Ferrari Approved, a scheme adding some piece of mind to anyone buying a car up to nine years old. Aiming to sidestep the stereotype of unreliable Italian cars, it means the average 900 pre-owned supercars Ferrari UK dealers sells each year are intended to be as good as new.
Volkswagen launches 'Future of the Car'
Thu, 10 Jul 2008Volkswagen has launched a new micro-site which looks at what people may be driving in the future - or whether they will be driving at all. Revolving around a short film set in the year 2028, in which a father tells his son about the automobile world of 20 years ago, the website showcases the Wolfsburg-based automaker's vision of the automotive world 20 years from now. These 'visions of the future', which take shape in the form of three autonomous concept cars called the 'One', 'Ego' and 'Room', offer an insight into the automotive world of tomorrow as seen through the tinted spectacles of Volkswagen developers and designers.