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Obama vows to help rebuild industry to compete, win
Wed, 25 Feb 2009President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.
Nissan scales back on auto shows
Fri, 27 Feb 2009Nissan said on Friday that it will not participate in some of the major auto shows in its new business year starting April 1, Reuters is reporting. The reason: to save money. This means no Nissan display at the show in Frankfurt in September and probably another absence in Detroit in January 2010.
Radical SR8LM Nurburgring Record – The Video
Mon, 28 Dec 2009Video of the Radical SR8LM Nurburgring Record Below Back in August we reported that the Radical SR8LM had taken the Nurburgring record for a production car, just a week after Gumpert had claimed the record for themselves. Not that it was the first time Radical had held the record. They achieved a time of 6:55 in 2005 with the Radical SR8, but this time was 7 seconds faster that that at 6:48.