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NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.

U.S. auto sales rise 5 percent in July

General Motors Co. and Ford Motor Co. posted their smallest U.S.

Official: Mercedes SLS AMG Black Series

The new Mercedes-Benz SLS AMG Black Series has been revealed ahead of going on sale in the Summer of 2013. The SLS Black Series gets the usual mix for a Mercedes Black Series model – more power and less weight – and uses the same 6.2 litre V8 as the regular SLS but with the wick turned up to 622 horses from the regular, but hardly wanting, 583 thanks to a new air intake, cams, boost tweaks and better cooling. The oily tweaks for more power – and some weight shedding (70kg) – means the SLS Black can get to 62mph in 3.6 seconds – 0.2 seconds quicker than the regular SLS – and top out at 196mph (due to the extra downforce).