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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.

Honda Gives You Wings

YOU might be more familiar with its cars and motorcycles, but did you know that Honda also made planes? If boat engines and quad bikes weren’t enough to keep the Japanese firm occupied, it recently embarked on a project to manufacture high-end business jets. With a base in America and more than a decade of research under its belt plus a small fleet of development aircraft, the company has announced that its first customer specification model is almost ready to fly.

Study links low-speed collision-avoidance system to fewer accidents

A study of the Volvo XC60's low accident rate offers evidence that collision avoidance systems can improve vehicle safety. The XC60, which has a low-speed collision avoidance system dubbed City Safety, was involved in 27 percent fewer property damage accidents than other mid-sized luxury SUVs, according to a report released Tuesday by the Highway Loss Data Institute. The XC60 also was involved in 51 percent fewer bodily injury accidents.