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Cash-for-clunkers deal to end Monday night, government says

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.

Renault TwinRun hot hatch concept (2013) first official pictures

Renault will show off this mid-engined supermini concept at the 2013 Monaco Grand prix race weekend. Called the TwinRun, the R5 Turbo-inspired creation is powered by a mid-mounted 3.5-litre V6, and will hit 155mph flat out. The TwinRun is the latest in a series of wacky Renault concept cars, following the Twizy RS F1 and Twin-Z supermini into the limelight.

BMW i Store in London previews new BMW i3 Concept

The first BMW i Store has opened in London’s Park Lane and previews a new version of the BMW i3 Concept fitted with BMW i Pedelec Concept bicycles. Despite BMW appearing to go cool on their Project i, the first BMW i Store has opened in Park Lane, London. Positioned alongside the BMW Park Lane and MINI Park Lane Showrooms, the BMW i Park Lane Showroom has been opened to help car buyers get a better idea of what BMW i cars are all about ahead of the launch of the i3.