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Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

New panoramic 360-degree parking camera unveiled

By Digby Fullam First Official Pictures 18 November 2008 14:13 Having trouble parking? Japanese manufacturer Fujitsu has announced the world’s first 360-degree camera for cars, giving drivers a panoramic view of what’s around them. It’s a slightly controversial claim, as Nissan showed a similar system in 2007, but Fujitsu says its new camera has various technical firsts.

British manufacturer Atalanta Motors to make come back

Ever heard of Atalanta Motors? We wouldn’t be surprised if you hadn’t as the British sports car manufacturer went out of business a long time ago. Owing to the outbreak of World War II, Atalanta Motors shut its doors back in 1939 after making only 21 cars.