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Clunkers claims hit $1.15 billion Monday, government says

Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.

A look at Acura future products

Acura is in the middle of a major product changeover, reflecting plans to challenge second-tier luxury rivals Audi, Buick, Infiniti and Volvo rather than Mercedes-Benz, BMW and Lexus. Acura has launched the ILX compact sedan and redesigned the RDX compact crossover. It will redesign the RL flagship this fall and make changes to the MDX crossover and TL mid-sized sedan in 2013.

Buick to scrap trim levels

Buick will eliminate its “CX,” “CXL” and “CXS” trim levels in the 2012 model year, opting for a few “stair-step” packages instead, one of the brand's top marketers said today. “It isn't befitting a premium brand. No other premium brand has those designations,” said Craig Bierley, Buick-GMC director of advertising and sales promotion.