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Senate releases $350 billion more in bailout money

The 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.

Porsche 911 GT2 RS (2010) first official pictures

You’re looking at the new Porsche 911 GT2 RS, not just the most powerful 911 that Porsche has ever built, but the company's most powerful road car period. The output from the GT2 RS’s twin-turbo flat six? 611bhp – 88bhp more than before. And as the new GT2 RS – there will be no ‘regular’ GT2 version – weighs 70kg less than its predecessor, that wholesome 611bhp provides this rear-engined monster will a stunning 446bhp/tonne.

NHTSA investigating Toyota Prius hybrid for steering-shaft concerns

The National Highway Traffic Safety Administration announced Monday it will look into whether steering shafts in Toyota Prius models spanning from 2004 through 2009 model years are defective. According to the Detroit News, NHTSA has already recalled the Toyota Prius twice for steering-shaft problems. In 2012, 669,000 Prius vehicles from 2004-2009 model years were recalled to replace the steering-shaft extension assembly.