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New Lightweight Jaguar E-Type revealed – the Jaguar E-Type is reborn (video)

The Lightweight Jaguar E-Type is reborn Back in May we revealed Jaguar Land Rover’s new Heritage part of JLR’s Special Operations Division were planning to create six new Lightweight E-Types, the ‘Missing 6′ from the original production run in 1963. And now we get to see the first prototype. The new Lightweight E-Types will complete the planned run of 18 cars from 1963 – the Special GT E Project – using the remaining, unused, chassis numbers from the original run, effectively making these new E-Types able to compete in historic racing events.

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.

GM begins Chevrolet Sonic production at suburban Detroit plant

General Motors Co. today launched production of the 2012 Chevrolet Sonic subcompact at its Orion Township assembly plant in suburban Detroit. The Sonic will be available in dealerships this fall.