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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.
Maserati Kubang (2011) at Frankfurt motor show
Tue, 13 Sep 2011Yes, yes - CAR Online got a bit excited last week and thought it had scooped the new Maserati SUV when it hadn't. But this one is real: Maser showed the new Kubang concept in the metal at the 2011 Frankfurt motor show. If that badge sounds familiar, that's because Maserati showed a concept car bearing the same name at the Detroit auto show 2003.
Video: Jaguar XF clay model gets axed
Thu, 07 Jun 2012Jaguar recently gave a trio of clay modelers the task of deconstructing the original model of their carefully and lovingly sculpted XF sedan by handing them axes and sledgehammers in front of a camera crew. The modelers – dressed in black t-shirts and jeans – are shown taking apart the model piece by piece, perhaps taking out their frustration with designers who feel the need to get a little too hands-on with their artisan handiwork. Perhaps some other car manufacturers could using this as inspiration to destroy some of their cars, maybe – naming no names – before reaching production.