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Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

Future products: Leaf EV is just the start of Nissan lineup overhaul

The next 18 to 24 months will bring a major renewal of Nissan Division's lineup. In the coming weeks, the brand will see four new products released or revealed: the Juke crossover, electric Leaf sedan, redesigned Quest minivan and an ambitious but perhaps polarizing convertible Murano crossover. Late next year, Nissan will begin showing a string of restyled high-volume car lines, including the Altima and Versa.

New British car company aims for bespoke market

A NEW BRITISH car company has been launched and the Alcraft Motor Company aims to offer bespoke designs based on existing models. The company says it will offer enhanced designs for Aston Martin, Jaguar and Land Rover models to begin with. Each design will be unique to the customer in a move that harks back to the days of coachbuilt cars of the 1920s.