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Concept Car of the Week: IAD Venus (1989)

In the late '80s, IAD had become one of the most reputable design and engineering companies worldwide. The team developed models such as the first Mazda Miata/MX-5, the Volvo 480 coupé and the Alien concept. At the1989 Tokyo motor show, the firm added another masterpiece to an already outstanding portfolio with the Venus.

Honda CR-Z, Fit joining hybrid lineup next year

Honda is growing its hybrid lineup with the addition of the CR-Z coupe and a hybrid version of the Fit. The Japanese automaker on Monday said that the sporty CR-Z, which has been shown as a concept, will go on sale in Japan next February. The hybrid Fit is to hit the Japan market before the end of next year.

Democrats cut deal on cash-for-guzzlers measure

Democratic lawmakers have proposed a cash-for-guzzlers bill that would provide vouchers of up to $4,500 to people who trade in cars and trucks for new, more fuel-efficient vehicles, Rep. John Dingell said. The measure, if approved by Congress and signed by President Barack Obama, would lead to about 1 million new-vehicle purchases, the Michigan Democrat said in a statement.