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Clunkers records $2.88 billion in rebates

Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.

Rolls Royce Wraith Tease continues

The Rolls Royce Wraith – coupe sibling to the RR Ghost – continues its tease reveal ahead of a debut at the 2013 Geneva Motor Show. A few days after the news that the new Ghost Coupe would be the Wraith, Rolls Royce started to tease their new sporty coupe with a teaser photo showing the profile of the Wraith – suitably shadowy, of course – and illustrating that this new Rolls Royce will be the most sporty RR we’ve ever seen. When we got the last tease photo of the Wraith in from Rolls Royce, we did warn you to expect an ongoing drip feed of teases and photos before the Wraith arrived at next month’s Geneva Motor Show, so you won’t be surprised to discover we have a new tease in our inbox this morning.

BMW M5 2011 (F10) at Nurburgring +video

The 2011 BMW M5 caught on video near the Nurburgring Wonderful power plant though the V10 is, in these economy and emissions conscience times it is a pragmatic move by BMW to use the 4.4 litre V8 already seen in the X5M and X6M in the next generation M5. It seems almost certain if you watch this video – especially at around 3:15 where you can hear the turbos quite clearly – that forced induction is the route BMW are taking. But it seems likely that the M5 will get a few more horses than others in the BMW range using the same powerplant.