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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.

One Lap of the Web: Lamborghini Urraco, Alfa 1750 GTV for sale and the anime-fantasy Kawasaki J concept

-- While we were sharing our stories of awful cars we're glad we're rid of , Hooniverse contributors were also choosing their favorite Thanksgiving turkeys. The most appealing of the lot? The Lamborghini Urraco, a car that completely disregarded function in pursuit of form.

BMW M5 (2011) the first official video

BMW has started its hype generator for the upcoming M5, with this first online teaser video. I'm at the office and can't watch the footage right now – what can we see of the new BMW M5?  It's officially called a 'first glimpse', and in and amongst shots of a partially-camouflaged prototype M5 roaring through a tunnel and powersliding along a snowy test track, M Division boss Dr Kay Siegler appears talking about the new car in the workshop of M HQ. Segler introduces the new M5 as 'a bold business car, which at the touch of a button, becomes a sports car'. The new BMW M5 - the lowdown The new F10M-spec M5 is downsizing from the E60's 5.0-litre V10 for the same 550bhp 4.4 litre twin-turbo V8 found in the X5M and X6M. But rather than the torque convertor autos used by the SUV pair, the new motor is mated to a beefed-up version of the the seven-speed M-DCT double-clutch transmission currently serving in the M3.