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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.

Nissan Leaf – first photos of Nissan’s electric car

By Tim Pollard First Official Pictures 03 August 2009 09:00 Nissan this weekend unveiled the Leaf – its new battery-powered electric car. The Nissan Leaf is pitched as ‘the world’s first affordable, zero-emission car’, a bespoke EV for global sale. The range of the Nissan Leaf is more than 100 miles – enough for 70% of people’s driving requirements, says Nissan, and it can seat five adults.

Mercedes-Benz considering Aston Martin buyout

Mercedes-Benz is reportedly considering a deal to buyout sports car manufacturer Aston Martin, fuelling rumours that the canned Aston Martin Lagonda SUV concept from 2009 (pictured above) could once again be back on. The move would see Merc increase its current 5% stake in the British brand following a deal announced last year to supply AMG engines for Aston’s next generation of sports cars. On Bing: see pictures of the Aston Martin Lagonda SUV concept Find out how much a used Aston Martin costs on Auto Trader It’s no secret the firm has been toying with the idea of a premium SUV following the Lagonds concept, so with Mercedes technical expertise and existing model range, it opens up potential new models to Aston Martin.