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NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.

Production of Camaro convertible to start in 2011

Despite General Motors' current economic woes, production of a convertible version of the Chevrolet Camaro is on track to start in early 2011. That is later than the original plan of having the ragtop Camaro go into production early next year, a GM spokesman told Automotive News. But the program was not canceled, just delayed, the spokesman said.

Survey Highlights Reluctance To Shop Around For Best Insurance Deals

DRIVERS in the UK are missing out on saving £2 billion by not shopping around for the best insurance deal and simply going with their automatic renewal. This means 8.2 million drivers in the UK are missing out on saving and average of £222.66 each. A study has found 36% of drivers have been with the same insurer for three years or more and less than half of all drivers (46%) check their new quote against the previous year’s to make sure they are getting the best deal.