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Cash for clunkers plan revives trade fight

Import brand automakers and dealers warned on Thursday that a vehicle scrappage proposal before the Senate would violate trade agreements and could weaken the economy. The Senate could vote on the plan on Thursday, which would offer $10,000 to any moderate- or low-income consumer who trades in a car or truck that is at least 10 years old and buys a new one that is more fuel-efficient and "assembled in the United States." The trade-ins would be scrapped rather than resold. The U.S.-made mandate "smacks of the protectionism that led to the Great Depression," said Barbara Nocera, the top Washington lobbyist for Mazda North American Operations.

Aston Martin CC100 Speedster Concept celebrates Aston Martin’s Centenary (video)

Looking like a modern interpretation of the legendary AM DBR1 Le Mans car from the 1950s, the CC100 is a dramatic ‘Speedster’ concept powered by Aston’s latest V12 and makes its debut – driven by Ulrich Bez – at the 24 Hours of Nurburgring Race event in Germany today (19th May 2013). Aston put together the CC100 in less than six months (did no one tell them 2013 was Aston’s centenary year until last Christmas?), and roped in carbon fibre specialists Multimatic to create the body and interior from carbon fibre, and Aston Martin used the VHM platform to create the underpinnings for the CC100, and have powered it with the latest version of the V12 AM11 engine with a six-speed sequential gearbox. Chief Exterior Designer, Miles Nurnberger, said: The brief was very simple, yet enormously testing: create something that reflects the 100 years of Aston Martin heritage and signals the future of the brand.

Bernie Ecclestone wants Saab – Spyker make new bid

Bernie Ecclestone is behind the Genii bid for Saab I think if we tried really hard we could be doing at least one story a day on the saga that is the sale of Saab by GM. There’s no point re-hashing the history – if you read here regularly you’ll have had your fill of the story that’s more like a Soap Opera than a business deal, but if you want all the back stories just look under Saab. But now – at the 11th hour – we have two new bits to add to the story.