cars

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Ludacris Makes Like Oprah, Gives Away Cars

Rapper's nonprofit holds contest

(Newser) - Need a ride? Ludacris wants to help. The rapper and actor plans to give away 20 cars on Sunday through his Ludacris Foundation, SixShot.com reports. To qualify, you must really need a car; be 18 or older; have a valid Georgia license; and be able to afford taxes and...

'Cash For Clunkers' Safe: White House

(Newser) - The rumors of the “cash for clunkers” deal’s demise have been greatly exaggerated, the White House said today, promising that the trade-in program will continue even after consumers have used up its allotted $1 billion. “If you were planning on going to buy a car this weekend...

US Suspending Cash for Clunkers: It's Too Popular

(Newser) - The government plans to suspend its popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases. The Transportation Department called lawmakers' offices to alert them to the decision to suspend the program at midnight Friday. The program offers...

Rolls-Royce Unveils Budget Limo

(Newser) - Rolls-Royce has good news for cash-strapped millionaires: They won’t have to condescend to buy a Bentley, Time reports. The automaker, known for its gigantic limousines, is about to release the Ghost, a short, sleek four-door sedan priced at a mere $245,000. That’s a sight lower than the...

Ford Shocks Street With $2.3B Profit
 Ford Shocks Street 
 With $2.3B Profit 
EARNINGS REPORT

Ford Shocks Street With $2.3B Profit

(Newser) - Ford surprised the markets today by posting a $2.3 billion quarterly profit, thanks mostly to debt restructuring actions, Reuters reports. The result beat estimates and represents Ford's first good quarter in more than a year; this time in 2008, the automaker lost $2.7 billion. But the global downturn...

'Cash for Clunkers' Is a Car Wreck
 'Cash for Clunkers' 
  Is a Car Wreck 
OPINION

'Cash for Clunkers' Is a Car Wreck

(Newser) - The Cash for Clunkers program should never have left the lot, Michelle Singletary writes in the Washington Post. The premise is fine: Give people a financial incentive to trade in old gas guzzlers for new gas sippers. It's the details that smell like a lemon. "The law does...

Hybrid Owners Have More Accidents, Get More Tickets

Environmentally-conscious motorists also drive more, study says

(Newser) - Owners of hybrid vehicles tend to drive more, have higher repair bills, and get more tickets than their gas-guzzling counterparts, the Car Connection reports. A study of the behavior of 360,000 motorists found insurers pay 17% more for comprehensive coverage of hybrid owners compared to owners of conventional models....

Demand for 'Must Have' Camaro Dwarfs Supply

(Newser) - Recession be damned, desire for the 2010 Chevrolet Camaro far outstrips supply—and some dealers are even charging a premium for the sporty new ride, USA Today reports. “Our current production schedule can’t meet the demand,” a General Motors spokesman said. But “that supply-demand tension is...

Finland, Land of the $200K Speeding Ticket

(Newser) - If you think that pricey speeding ticket is unfair, just look at Finland, where fines are based on income. Mental Floss takes a look at five doozies:
  • In 2002, a Nokia exec on a Harley got hit with a whopping $103,600 fine for cruising at 47mph in a 31mph
...

Recession Drives Boom in Auto Fraud

(Newser) - Car-insurance fraud spurred by the recession is continuing unabated, Newsweek reports. “Give-ups”—feigning theft or arson to collect insurance money on an unwanted vehicle—are up 24% this year over last, according to an industry group. And claims stemming from suspicious car fires are up 27%. “Normally...

Advocates Push for Rear Seatbelt Laws

They reduce fatalities by up to 73%

(Newser) - Highway safety advocates are pushing for a federal transportation bill to include incentives for states to make safety belts mandatory for all passengers, but opponents say the move would set a precedent for the government to tell citizens what to do, USA Today reports. Though studies show that rear seatbelts...

GM's Car of the Future Sparks Doubt in the Present

Even top exec fears hybrid will fail to herald new start for automaker

(Newser) - Success has many fathers, and for the forthcoming Chevrolet Volt, paternity claims could stretch from Detroit to Washington. But if the GM hybrid turns out to be an orphan, it could be because many of its backers, including a top GM exec, are ambivalent about its potential to rejigger the...

1 in 5 Drivers Would Flunk Test: Survey

(Newser) - An annual survey of driver smarts is out, and the coasts fare poorly, the Los Angeles Times reports. Conducted by GMAC, the survey posed questions from US drivers license tests and found that 20% of current drivers would fail a written exam. New York ranked dead last and California 48th,...

GM Close to Hummer Sale That Would Save 3K US Jobs

Has picked a buyer; deal would be finalized by Sept.

(Newser) - GM has selected an unnamed investor to buy its hulking Hummer brand, in a move aimed at saving more than 3000 US jobs, sources tell the Wall Street Journal. They say the company hopes to seal the deal, rumored to be in the $200 million range, by September. An official...

We Fell Out of Love With Cars
 We Fell Out of Love With Cars 
OPINION

We Fell Out of Love With Cars

(Newser) - Plenty of economists are trying to define what killed Detroit, but they’re looking in all the wrong places. “Fire the MBAs and hire a poet,” writes PJ O’Rourke in the Wall Street Journal. This isn’t a story of unions or financial crisis. “It’s...

No-Car Suburb in Germany May Prove Tough to Translate

Americans 'suspicious' of green model

(Newser) - Will Europe’s assault on the American way of life stop at nothing? Vauban, a town in the southwest corner of Germany, is a working model of a leafy-green suburb without cars. People walk or bike, and a tram runs through the middle of town. “When I had a...

With 203K Orders, Nano Grabs 17% of Indian Market

(Newser) - Indian automaker Tata has 203,000 domestic orders for the Nano—the world’s cheapest car—which will start delivery in July, Bloomberg reports. The first editions of the $2,500 vehicle will go out to just 100,000 eager buyers, who will be chosen by lottery and must put...

'Cash for Clunkers' Plan Hits Skids With Auto Experts

Critics call green scheme misguided, too narrow

(Newser) - “Cash for Clunkers,” a congressional effort to remove older, gas-guzzling cars from the road, is gaining traction on Capitol Hill, but remains controversial elsewhere, MSNBC reports. The plan would offer drivers a $4,500 voucher toward new, fuel-efficient cars in exchange for trading in their environmentally unfriendly vehicles....

Honda Ready to Take On the Prius
 Honda Ready to 
 Take On the Prius 
AUTO REVIEW

Honda Ready to Take On the Prius

Insight cheaper, simpler than Toyota's hybrid king

(Newser) - Honda is rolling out a fresh—and worthy—competitor to Toyota’s Prius, king of the hybrid market, writes Joseph P. White in the Wall Street Journal. The 2010 Insight will sell for just under $20,000, some $2,000 less than the most popular Prius model, and gets “...

Pontiac Dies, But Its Greats Live On
 Pontiac Dies, 
 But Its Greats Live On 
OPINION

Pontiac Dies, But Its Greats Live On

(Newser) - As General Motors' Pontiac line is phased out, Ben Wojdyla, on Jalopnik, remembers the truly great cars that bore the mark. If you've got one, keep your garage clean and await a payday.
  • 2009 G8 GXP: "GM should be saved for no other reason than to put the G8
...

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