Government Policy and Infrastructure news
US MAIL: Cash for Clunkers
Old cars destroyed, old car companies resurrected, and the same old faces re-appearing to run them. Wheelsmag’s US correspondent John Lamm reports on the latest from Detroit.
Right of way
Samoa switches to right-hand drive.
CTP now cheaper, but is it worse?
Think you understand your CTP (compulsory third party) insurance? Think again.
February vehicle sales down 21.9 percent
This month’s VFACTS sales figures show more short-term doom and gloom for the local market, but spirits (and sales) should rise by June.
Holden wins grant to lighten Commodore
Holden has been awarded $39.8 million by the Federal Government, as part of its revived Green Car Innovation Fund
Victoria looks into filtering
The Victorian government’s 18 month Parliamentary Inquiry into Motorcycle Safety (PIMS) conducted by the parliamentary road safety committee resulted in a 500+ page report and 64 recommendations.
Cash for clunkers
Audi Australia boss calls for incentives to scrap old cars to aid the car industry, road safety and the environment.
Dollar dazzlers
GM’s CFO admits the company won’t make its June 1 repayment deadline, and will take its chances with its debtors instead, while Ford is offering dealerships for a dollar.
More good news from Ford: debt down by US$9.9 Billion
There’s still a long way to go for the Blue Oval, but restructuring initiatives will reduce its overall debt by 28 percent.