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Hidden cameras reveal the Car Fox may give you a false sense of security.
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Hidden cameras reveal the Car Fox may give you a false sense of security.
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China’s richest industrialists and investors have developed a taste for a new luxury hobby — Formula One auto racing. It’s not only a way to show off their wealth, but also to meet with friends, conduct business, flirt with sexy hostesses and race at breakneck speeds on a track fully up to the standards in Europe and North America.
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Mitt Romney’s comment about Jeeps being built in China was called the lie of the year by Politifact.com. “But it turns out Romney was right,” says Jodi Miller. “So it looks like Politifact being unbiased was actually the lie of the year.” She also weighs in on President Obama’s inauguration and Manti Te’o’s fake girlfriend in this edition of NewsBusted.
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In this clever Ford commercial from Australia, two cane toads sit on a road at night as a car approaches, discussing poisonous venom, love and how quickly they ought to leap to safety.
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Drunks, death-defying drivers and all manner of daredevils compete for attention in this compilation from Twisternederland.com H/T Ghost of a Flea
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At Crazy Barry’s Car Lot, we’re offering crazy bailout deals on Chevy Volts! H/T small dead animals
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They’re barely selling SUVs, but you can bet that GM will get its engines rolling for the next government bailout.
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President Obama often touts the bailout of Chrysler and GM as a signature achievement of his administration. But at this point, the verdict is out on whether the bailout actually benefited the economy. Taxpayers remain on the hook for billions of dollars in losses, and the Fed didn’t restructure the benefits and pensions received by auto employees, so the companies remain obligated for expenses they can’t pay over the long haul. Jenn Huhn from the Center for Freedom and Prosperity Foundation explains exactly why the bailout was bad news.
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Dan Neil, automotive columnist for the Wall Street Journal, reports on the latest technological breakthroughs paving the way toward driverless cars. Neil says the advent of these vehicles will quadruple the carrying capacity of our existing network of roads and highways. Autopiloted vehicles also could mean less loss due to automobile accidents, which now cost Americans $300 billion annually.
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