GM Releases Facts and Fiction Video

Of Detroit’s big 3, General Motors is hurting the most right now. They have received some financial aid from the federal government already and they recently asked for another $25 billion dollars to invest in green technologies and to help pay their monthly bills.

The General just released this video on their website at GMFactsandFiction.com. It portrays what they believe will happen if the American auto industry collapses, and I must say, they make a lot of very valid points. If you are planning to buy a new car sometime soon, support your American manufacturers and buy domestic!

Ferrari Doesn’t Want a Piece of the Sedan Market

If you’re interested in a 4-door sports car made by one of the worlds premiere super car builders, you’ve got a couple of options.  From Porsche comes the Panamera, Aston Martin has their Rapide, and now Lamborghini has its Estoque.  But not Ferrari.  Ferrari isn’t interested because Ferrari hasn’t forgotten its roots.  Ferrari hasn’t forgotten that it is a racing team first and that the only reason it has a small production line on the side is to help fund its R&D.  A brave statement when the car industry is in it’s biggest slump in decades, but I applaud them for maintaining their focus and not diluting their brand.  Bravo Ferrari.

Source: Motor Authority