Report: Kurt Busch lands ride with Phoenix Racing for 2012

Filed under: Motorsports , Etc. , Chevrolet , Celebrities , Specialty , Racing Kurt Busch has landed with Phoenix Racing after parting ways with Penske following a particularly rough season, even by Busch family standards. Busch drew the ire of fans, teammates and team leaders alike this year after cursing at an ESPN reporter and making a habit of demeaning his crew over the radio during races. Busch’s long-time crew chief Steve Addington left the Penske team after the end of the season, reportedly thanks in part to Busch’s toxic attitude.

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Report: Kurt Busch lands ride with Phoenix Racing for 2012

Report: Americans driving fewest miles since 2003

Filed under: Etc. , Government/Legal USA Today reports that Americans are driving less today than they were one year ago. According to a new study by the Department of Transportation , travel on U.S.

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Report: Americans driving fewest miles since 2003

Report: Husband of wrong-way motorist who killed seven sues state, others

Filed under: Etc. , Government/Legal Here’s your warning: this appears to be a case that will have people again howling for legal reform. According to USA Today , on July 26, 2009 Diane Schuler drove her minivan the wrong way on the Taconic State Parkway in New York, eventually colliding head-on with an SUV. Schuler was killed, along with her daughter and three nieces

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Report: Husband of wrong-way motorist who killed seven sues state, others

Creator of Hot Wheels dies at 95

Filed under: Etc. Elliot Handler provided countless hours of joy to young men and women around the world. He is one half of the team that founded the Mattel toy company in 1945. Elliot, along with his wife Ruth and Mattel co-founder Harold Matson, established a business that’s now a multi-billion dollar company employing over 30,000 people

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Creator of Hot Wheels dies at 95

Report: Chrysler repays last of TARP loans six years ahead of schedule

Filed under: Government/Legal , Chrysler , Earnings/Financials , Fiat Chrysler has taken the final step towards freedom from Uncle Sam by paying off the rest of its government loans. USA Today reports that Chrysler and Fiat paid the Treasury Department $500 million for 98,461 shares and $60 million for shares from a pact with the United Auto Workers’ VEBA retirement trust. The payment means that Chrysler shed its government obligations a full six years ahead of schedule. The automaker made the move in part to show U.S.

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Report: Chrysler repays last of TARP loans six years ahead of schedule

Study: What $1 rise in price of gas can do to your SUV’s value

Filed under: Car Buying , Etc. According to a new study by Automotive Lease Guide , fuel prices play a huge role in how much your vehicle depreciates over time.No surprise there, but the specifics of the study are a little jarring all the same. USA Today reports that the study found that when gas costs increase by a single dollar, less efficient, large SUVs see their value stumble by a whopping 13 percent. On the other hand, that same rise in fuel prices will cause the value of more fuel efficient models to increase by 10 percent.

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Study: What $1 rise in price of gas can do to your SUV’s value