Cars
Judge Sacks Case Against U.S. Government Over the Wreck of a Ferrari F50 by FBI Agent
The "you break it, you buy/pay for it" rule may be true for you and me, but not for the U.S. government. Remember the much talked about case of the FBI agent that crashed a rare $750,000 Ferrari F50, which had been stored in a government impound lot, after he took it for a joyride in February of 2009? Well, the owner of the vehicle, Michigan-based Motors Insurance, which brought the F50 from the dealer it was stolen from, eventually filed a lawsuit against the U.S. government.
Read more »
-
Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
-
Russia: Death Can Wait When It Comes To Government Official Cars
Government official cars either closing roads at will or violating traffic laws and placing regular drivers at risk has become something of an everyday reality in Russia. Dig around the web and you can find thousands of videos on the subject. This clip,...
-
Gm Refuses To Repair 400,000 Chevrolet Impalas, Says It's “old Gm's" Responsibility
On June 29, a woman named Donna Trusky filled a class-action lawsuit against General Motors in Detroit. The subject was a defect in the suspension rods of the 2007-2008MY Chevrolet Impala, which caused the tires to wear prematurely – in Trusky’s...
-
Stolen Cars Website? The French Have One
I admire people with initiative, people who are still able to find a niche in this busy auto market and make a buck. But not in a million years would I come up with an idea like this: setting up a site that advertises stolen cars for sale! At least that's...
-
Swedish Regional Government Demands $15.9 Million In Debt From Saab
A local government authority in Sweden is seeking to recover US$15.9 million from Saab, even going so far as to enlist a government debt collector. Vastra Gotaland, where Saab's main production plant is located, covered worker wages to the tune while...
Cars