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The Saab brand of cars will be discontinued. GM, which owns Saab, had planned to sell the Swedish brand of luxury cars as part of its post-bankruptcy reorganization. When a deal with a group led by Swedish supercar company Koenigsegg fell through, GM looked for another buyer but was unable to find one. With no buyer found, GM has decided to close Saab, according to Autoweek.
“Despite the be[...] .. Read More.
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Cash for Clunkers worked out pretty well. It gave a much needed bump to new car sales and got some gas guzzlers off the road in the process. It's also proving to be a boon for auto recyclers, who strip the traded in clunkers of any parts that can be resold, then crush them and sell the metal. That boon is turning out to be a lot of stress for the recyclers though, according to MSNBC.
Junkyard[...] .. Read More.
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Consumer Reports has compiled a list of six common traffic ticket myths that could cost you hundreds of dollars. Traffic tickets are expensive, and the insurance rate hike that usually follows a ticket can cost you several times the initial fine. Even if you're willing to endure the embarrassment of being talked down to by a police officer like you're six years old and just broke the cookie jar [...] .. Read More.
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Ford has unveiled its first ever in-house designed Powerstroke diesel engine, which will be available in the 2011 Ford F250 and F350 Superduty pickups, as well as Ford's larger trucks. The new engine, codenamed Scorpion, marks the end of a 30-year relationship between Ford and Navistar, the company that produced all of the diesel engines previously found in Ford trucks. Ford is hoping the new 6.7[...] .. Read More.
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