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U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.

Brabus boosts 2014 Mercedes-Benz S-class

As the new Mercedes-Benz vehicles roll out of the shop in Stuttgart, Germany, tuner Brabus must be there waiting with open arms for its next project. Its latest is the 2014 S-Class. The newest luxury car for the tri-pointed star already comes with a 4.6-liter, 449-hp, twin-turbocharged V8, but that obviously wasn't enough.

TVR set for 2015 comeback

TVR's new owner, Les Edgar, has dated 2015 as the company's comeback, as they plan to have a two-car range costing 50,000-80,000 pounds ($76,155-$121,848). Having produced cars such as the Griffith, the Grantura, the Cerbera, the Chimaera, the Tuscan and the Sagaris, TVR hopes to continue and evolve this spirit after a production hiatus in 2006 due to ownership change. "It is a well-thought-out business plan, and at the root is the requirement to make money,” stated Edgar in an interview with Autocar.