This Just In: New on the Net

Rob is out of the office today, so we’ve opened up the box wine a little early. We’re still waiting to hear from Ad Sales about a Franzia sponsorship for the blog, but trust us, if it happens, you’ll know. Here’s the news:

• The General just announced a first quarter loss of 3.3 billion dollars. But look at the bright side. I’m sure there’s one somewhere. Maybe? Please? MSNBC
• Rising gas prices have taken a serious bite out of the values of SUVs, so much so that some used car dealers are refusing to take them as trades. Could these modern-day codpieces be going the way of olden-day codpieces? US News and World Report
• Piero Ferrari—son of Enzo—will be buying shares of troubled Italian coach building firm Pininfarina, which seems like a no-brainer, given the firm’s long association with Ferrari. Here’s hoping the Pininfarina family will be able to retain control of the company. CarScoop
• Rick Suzuki, the Chairman of American Suzuki is stepping down because of the company’s disappointing performance. But is he entirely to blame? Or did rising gas prices play a roll? Auto Observer