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House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

Lotus goes light again with go-karts

Group Lotus, not to be confused with Formula One's Team Lotus, is trying its hand at grassroots racing. The Lotus Racing Karts team will unveil its first 2012 model at the annual Autosport International event on Jan. 14, 2012, in Birmingham in the United Kingdom.

BMW M6 Competition revealed

The Limited Edition BMW M6 Competition will be at Frankfurt (click image for bigger photo) It doesn’t look like the M6 Competition gets much fiddling with the oily bits, although the suspension is being tweaked and lowered – 10mm at the front and 12mm at the back. The M6 Competition sees a new colour option – Frozen Grey Matt – which does look pretty special on the M6.  The interior gets a ‘limited edition’ makeover, with buyers getting the choice between Merino full leather interior with either black or light grey two-tone contrast stitching. BMW are also throwing in a set of mats with ‘M6 Competition’ stitched in them in case you forget what you bought.