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Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.

Lexus plans small crossover

Lexus plans to show a production-ready compact SUV to rival the Audi Q3 and BMW X1 at the 2014 Geneva motor show, a company source said. The hybrid model, which will be based on the redesigned Toyota RAV4, will slot below the Lexus RX 450h. It was unclear if or when the vehicle would come to North America.

Suzuki S-Cross Crossover SUV: Paris 2012

Suzuki has revealed the S-Cross crossover / SUV at the Paris Motor Show. The S-Cross will replace the SX4 and go on sale in 2013. The Suzuki S-Cross – a compact crossover come SUV – was teased ahead of its debut at Paris 2012 today, and a decent offering it looks.