1998 Toyota Brochure-celica-supra-camry-tacoma-sienna on 2040-parts.com

House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

Fisker to face Congressional committee probe

Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.

Mobius Motors builds a car for the developing world

Mobius Motors of Kenya claims that it is building the car that will transform Africa by offering reliable, rugged transportation to the masses. Its Mobius Two is a simple, serviceable, tube-frame car designed specifically for the African market. It's also awesome.