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Suzuki puts kibosh on Kizashi sedan, report says

Japanese automaker Suzuki has backed off plans to build large cars and build assembly plants overseas, according to a report in the Nikkei business newspaper. Suzuki has shown a series of concept vehicles named Kizashi that executives said were pointing toward a production version of a large sedan. And pictures of sedan protoypes have been captured by spy photographers.

Concept Car of the Week: Porsche Tapiro (1970)

By the late 1960s it was time for Porsche to create a new car that would replace its ageing entry-level model, the 912. Its sister company Volkswagen also needed a sports coupe to replace the Karmann Ghia and so the two brands joined together to develop what would become the Porsche 914. These days the 914 holds something of a ‘cool factor', generally considered as the ‘black sheep' in Porsche history.

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.