The House passed legislation to inject $2 billion into cash for clunkers after the administration reported that the $1 billion federal program was running out of money shortly after it began.
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The House passed legislation to inject $2 billion into "Cash for Clunkers" after the administration reported that the $1 billion federal program was running out of money shortly after it began.
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The 'cash for clunkers' scrappage scheme launched only this week in the US has been so successful that the government is today considering extra funding.
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General Motors' UK unit Vauxhall has denied hiking prices ahead of the government's scrappage scheme as claimed by consumer organisation Which?
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Chrysler Group plans to stick with its "Double CA$H for Your Old Car" national incentive campaign over the weekend, spokeswoman Kathy Graham said today. Chrysler rolled out the campaign on July 22 and told dealers it would run through August 31.
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A bill to provide the depleted cash-for-clunkers program with another $2 billion was introduced on the House floor today by House Appropriations Committee Chairman David Obey, D-Wis., a spokesman for the congressman said.
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Nissan continued its drip feed of electric vehicle (EV) news this week with the announcement of its EV platform under a Tiida (Versa) body shell. Be still thy beating heart, all will be revealed on Sunday in Yokohama when the first car to be mounted atop aforesaid platform finally breaks cover.
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Subaru maker Fuji Heavy Industries has maintained its forecast for a full year deficit having reported a heavy loss in its first fiscal quarter.
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Stant Corp, which this week filed for bankruptcy protection, said yesterday its first-day motions had been approved by the US bankruptcy court in Delaware. This permitted the supplier to continue operating while restructuring.
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Nissan 'Leaf' combines space for five adults and a 100-mile range

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Kizashi four-door saloon to take on market-leading Ford possibly hitting hit UK showrooms early next year

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Our spies catch prototype of dramatic new coupé out on test.
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Ford Motor Co. will use football and the Web to try to convince a new set of consumers that the Taurus is not the stodgy car they remember.
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U.S. auto dealers today were grappling with the blessings and curses of the U.S. government's Car Allowance Rebate System, or CARS, program, better known as cash-for-clunkers.
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The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit.
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The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit.
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New E-Class load-lugger revealed with largest boot, best safety in class
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Twin-turbo 911 boasts 675bhp and Hybrid drivetrain also on way
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up