Democrats and Republicans agree on higher gas taxes, just not in public all the time

Filed under: Legislation and Policy, USA

Senator Alan Simpson (left) and Erskine Bowles (right), Co-Chairman of the Deficit Reduction Commission

There is a sport in Washington D.C. that comes around like deer season every year: the gas tax debate. And stepping into the clearing this week with brown overcoats and deer antler hats are some former legislators [...]

Local police agree, runaway Prius in NY caused by driver error

Filed under: Hybrid, Government/Legal, Recalls, Safety, Technology, Hatchback, Toyota

2010 Toyota Prius – Click above for high-res image gallery

Last week, the National Highway Traffic Safety Administration reported its initial findings on the runaway Prius case in New York. The NHTSA disclosed information regarding its belief that the 2005 Prius involved in the suspected runaway case resulting [...]

Saab-Spyker is Go: EIB reportedly approves 400M euro loan, Spyker shareholders agree to Saab purchase

Filed under: Europe, Saab, Earnings/Financials, Spyker

Spyker-Saab is reportedly passing “Go” and collecting $547 million while they’re at. According to Automotive News, the €400 million loan courtesy of the European Investment Bank (EIB) has received final approval. There’s even more good Saab-related news (that almost feels weird to type) – Spyker shareholders have approved the “we’re [...]