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Senate approves tax break for auto loan interest
Wed, 04 Feb 2009The 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.
Ford says optional EcoBoost V6 engine popular with F-150 buyers
Thu, 28 Apr 2011Sales of Ford F-150 pickups with the optional EcoBoost 3.5-liter V6 engine have surpassed company estimates, with some dealers reporting robust demand as gasoline prices rise. "We had a sales forecast but it has jumped up a little faster than we thought," said Marc Lapine, consumer marketing manager for Ford Motor Co. Credit the increase to rising fuel prices.
Pagani adds roadster to Zonda Cinque supercar lineup
Mon, 20 Jul 2009Pagani is rounding out the lineup of the Zonda Cinque with a roadster that's just as light and powerful as its fixed-roof sibling. The roadster's top is stored under the hood, and the carbon-titanium chassis has been redesigned to compensate for the open-air configuration. Thankfully, the motor remains the same: a Mercedes-Benz AMG powerplant that makes 678 hp and 575 lb-ft of torque.