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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.

Daimler & BYD reveal the Denza EV Concept: Beijing 2012

Denza EV Concept The partnership between Daimler and BYD in China has revealed its first fruit – the Denza EV Concept - at the Beijing Motor Show. It’s just a few weeks since we learned that Daimler and BYD had come up with a name for their joint venture in China to produce New Energy Vehicles (basically EVs). Denza – or Tengshi, in Chinese – seeks to take Daimler’s expertise in car making (and they do claim more than any other car maker on the planet) and mate it with BYD’s undoubted expertise in electric cars to build a car company that only produces new energy vehicles.

New NHTSA guidelines recommend vehicle systems disable text entry, videos while driving

Federal regulators, moving to curb distracted driving, issued final voluntary safety guidelines today that would disable certain in-vehicle functions such as manual texting, Web browsing and video phoning while driving. Automakers should do more to keep drivers' eyes on the road and hands on the wheel, U.S. auto regulators said as they released the latest guidelines meant to cut down on crashes caused by the use of electronic devices in cars.