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U.S. will honor clunker rebates until Senate acts, DOT chief says

The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. He said the administration would honor dealer rebate applications filed at least through Tuesday, Aug.

Toyota chief: Scion in no danger of shutdown

Despite three years of lackluster sales, Toyota's Scion youth brand is not in danger of being shut down, Toyota Motor President Akio Toyoda said. “There is no concern, no danger for Scion in the future,” Toyoda said in a roundtable interview with journalists at the Detroit auto show on Monday. Scion's U.S.

Peugeot designers bring kids' car designs to life

Peugeot designers have brought six childrens' car sketches to life by rendering them as a prize for the 'Draw Me The Car of 2020' design competition, launched in collaboration with children's magazine Okapi. The six 10-15 year old winners – Clement, Thomas, Lena, Tom, Leo and Gaspard – were able to see their dream cars realized by Peugeot designer Olivier Gamiette, who worked on the EX1 concept car. Peugeot presented the first placed winner, Thomas, with a 270mm by 140mm model of his design at an awards ceremony held at the carmaker's design center in Velizy, France.