Next week the World’s most famous Concours D’Elegance gets underway at Pebble Beach, California.

Cars worth millions of dollars each are displayed in all their finery – owners, too!

But on the same weekend and only a few kilometers away in Monterey  there is another ‘Concours’.

This is called the Concours D’LeMons….

They have several trophies and class awards including:-

THE RUEFUL BRITANNIA AWARD- for the Royal Order of MOT Failure

or

THE NEEDLESSLY COMPLEX ITALIAN AWARD- Conoscete un Buon Meccanico? Plaque

or our favourite

WARSAW PACT, 1945-1990, for Trabant, Wartburg, ZIL, Lada ......

The one billion dollars allocated to President Obama’s ‘Cash for Clunkers’ scheme has already been exhausted just a few weeks after its introduction.

Officially called the Car Allowance Rabate System, or CARS, the Obama initiative is designed to help both the US economy and the environment by offering generous trade-ins for old gas guzzlers in exchange for new fuel efficient cars and trucks. Owners receive federal subsidies of up to US$4500 for their old vehicles.

The uptake of this scheme has taken bureaucracy by surprise, ......

It just ain’t getting any better at cash-strapped  Holden.

After losing an export order for Pontiac vehicles earlier in the year and putting their Elizabeth, SA  workers on a one week on, one week off roster, a form of job sharing, Holden have announced an annual loss of some $70mil. for the ’08/’09 financial year, with a drop of $300mil. in total revenues.

Whilst not as severe as Ford Australia, who recorded a stunning $274mil. loss for ’08/’09 it still raises further questions about Holden’s long ......