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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.

BMW X6 show debut

By Gavin Green First Official Pictures 14 January 2008 01:34 Affluent German makers now try the shotgun rather than the sniper’s approach to new model sectors – fire enough speculative models out into the market, and some are sure to hit the target. We’ve had sports activity vehicles, urban activity vehicles and just about every other type of crazy crossover as carefully focused as a blunderbuss. Now BMW invents yet another niche – the sports activity coupé.

Porsche plans to shift U.S. headquarters to Atlanta airport site

Porsche is reportedly set to move its North American headquarters from a suburb north of Atlanta to the site of a demolished Ford Motor Co. assembly plant that once built the Ford Taurus and the Mercury Sable next to the Atlanta airport. A formal announcement is expected on Thursday, according to a report in the Atlanta Journal-Constitution.