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Toyota's Lentz to say electronics not to blame for acceleration problems

Toyota Motor Sales U.S.A. President James Lentz plans to stick to his guns and tell skeptical lawmakers Tuesday that the company's unwanted acceleration problems do not stem from electronic defects, a copy of his testimony shows. Lentz's reiteration of Toyota's longstanding position suggests that top company executives were unmoved by sharp criticism of that stance Monday by House Energy and Commerce Committee Chairman Henry Waxman.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

Chevrolet Camaro Convertible Concept: first official pictures

By Tim Pollard First Official Pictures 05 January 2007 12:10 Chevrolet Camaro Convertible: the lowdown GM will slide the covers off this Chevy Camaro Convertible at the Detroit Motor Show at the weekend - and this is one concept that'll definitely go into production. Last year's Camaro coupe has already been given the nod for sales in two years' time, and this soft-top will join the stable later in 2009. The size is identical to the coupe, but the - bright chromed - windscreen mounting is slightly different to accommodate the hood.