Chevrolet Venture Right Front Lamp Parklamp/turn Signal; (fender Mtd) 97 98 99 on 2040-parts.com

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.

Porsche 960 supercar confusion

Porsche 960 - will sit below the Porsche 918 Spyder The Porsche 960 is a mid-engined Porsche supercar heading for production in 2015 and aimed at the Ferrari 458.  Now firmly in the bosom of the VW Group, Porsche is forging ahead with its plan to dominate every expensive ‘Sporty’ niche on the planet – a bit like Audi, but at a higher level. One of the new models we know about – or are almost certain we know – is on the way is a Ferrari 458 and McLaren MP4-12C competing Porsche 960. The venerable Georg Kacher talked about the Porsche 960 in Car Magazine last year and his utterings made much sense.

Jeff Koons creates 17th BMW Art Car

Jeff Koons has unveiled his latest creation the 17th BMW Art Car, a M3 GT2 racecar painted in a vibrant explosion of colors that will race at Le Mans on 12 June. "I wanted to make visual the raw dynamism, the power and the vitality of this car," he told CDN at the Centre Pompidou in Paris last week. "The car's biological narrative is to perform.