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Cash-for-clunkers clears 180,000 in sales, is poised for an extension

The cash-for-clunkers program has reached sales of more than 180,000--topped by the Toyota Corolla--as the Senate is poised to vote on an extension of the program on as soon as Thursday. The Ford Focus is the second-best-selling car under the program, and the Honda Civic, the Toyota Prius and the Camry complete the top five, according to Reuters. The top trade-ins were all domestics, including trucks from Ford and Dodge, as well as Jeep.

Smart ForTwo (2006): first official pictures

By Phil McNamara First Official Pictures 10 November 2006 08:31 New Smart ForTwo: the lowdown These are the first pictures of the new Smart ForTwo, which goes on sale in the UK in September 2007. The Mk2 city car looks much the same, but it's had a thorough overhaul. In comes a 1.0-litre engine with more power, mated to an automated manual transmission that's claimed to eliminate today's slow and jerky changes.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.