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GM prepares to announce Pontiac closure next week

General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans. The announcement will be made as part of an updated viability report to the U.S. auto task force, the source said.

Top Gear to do ‘Economy’

Don’t think for a minute that we’re going to lose the supercar stunts we know and love, and see them replaced by the charms of a Kia Cee’d economy run, but Top Gear, in common with the rest of the Beeb, is having its budget cut – apparently. Andy Wilman, who is the brains behind TG (and its producer) together with Jeremy Clarkson, has been bemoaning the budget cuts planned for the show on the TG website. He said: ‘No point in moaning about that.

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.