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Italy hikes gas taxes to raise money for earthquake relief

Tragedy is a relative concept. Some would call it a tragedy that, while Italy makes some of the most desirable (and gas-guzzling) cars on the market, it also has some of the highest fuel prices in Europe. But that unfortunate reality is far overshadowed by the two earthquakes that have struck the country's Emilia-Romagna region, killing 24 people in total. Now the fledgling government tasked with steering the troubled country into financial health is forced to raise fuel taxes even higher to rel

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Ferrari holding online auction to benefit Italian earthquake victims

Italy is unfortunately no stranger to earthquakes, thus neither is the exotic automaker and racing team whose logo bears the country's flag. When disaster struck in Abruzzo, Ferrari launched a special-edition F430 to raise funds for its relief, and has been contributing to rebuilding the stricken region ever since. When the tsunami hit

Report: Nissan to check radiation levels on cars tabbed for export

As fears of radiation from Japan's severely compromised Fukushima Dai-ichi nuclear power plant seem to be growing by the minute, automakers have tried to assure car buyers that most of their products are produced far enough away from the crippled facility that fallout won't end up on vehicles, but Chris Shunk