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Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.

BAC Mono: Fancy a Drive?

RS Academy grabs the first two BAC Monos Last month we reported on a new single-seat road car that offers more thrills than a garage full of hypercars for less than the cost of an M5 – the BAC Mono. The brothers Briggs - Briggs Automotive Company – have created the beautifully built, finished and specified Mono as the world’s only single-seat production car (well, the only one that’s actually made it in to production, anyway). Weighing no more than Kylie after a heavy diet, the Mono can scoot to 60mph in just 2.8 seconds before running out of steam somewhere around 170mph.

Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.