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N.J. decal law upsets teens, parents
Fri, 04 Jun 2010A New Jersey law--the first of its kind in the country--requiring drivers younger than 21 to put a small red decal on their license plates has both teens and adults upset, according to a story on the Wall Street Journal Web site. When one mother took her 16-year-old to the Motor Vehicle Commission for a learner's permit, the clerk told her she needed to buy red decals for her daughter. "When hell freezes over, I'll buy those stickers," she told the Journal.
Crunch watch Dec 08: the auto industry in crisis
Wed, 31 Dec 2008By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.
VW Touran Facelift (2010) announced
Fri, 09 Apr 2010The 2010 VW Touran Facelift The Leipzig Motor Show starts this weekend, and we already know that a number of German car makers are going to debut new models. BMW are showing the new 5 Series Touring and Audi are going to show of the facelifted TT. And now we know that Volkswagen are going to treat us to a facelifted version of its people-carrying box with windows – the VW Touran.
