General Motors will announce later today plans to repay the U.S. government some $6.7 billion in loans ahead of its initial due date of July 2015. The payments are expected to begin as early as next month, with $1 billion paid each quarter
With the threat of a President Bush veto looming overhead, Congressional Democrats are letting the ban on offshore drilling expire next week. The hot button topic has been debated since Mr. Bush lifted the presidential ban back in July, leaving only House Democrats to stand between big oil and U.S. shorelines. Democrats countered that the environment was more important than expensive gasoline,
The Lamborghini Countach was everywhere in the 1980s. It was so often presented as the ultimate car, photographed with celebrities, and generally placed in the spotlight that even your grandmother could've recognized it. Because of its vaunted status, the Countach is an aspirational car that you might purchase to celebrate a milestone in your life. Oregonian Marlowe Treit spent two years tracking down the perfect Countach as a
For the first time in more than 20 years, the US Government is changing the way they calculate the estimated fuel mileage on window stickers. The changes will be seen starting with 2008 model year cars in the form of a newly styled window sticker and a new test procedure to better reflect the actual mileage customers can hope to achieve.