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Senate considers more funds for cash-for-clunkers program

The cash-for-clunkers program is running on fumes, and government officials are working to get more funds for the popular program before the end of the week. A plan to add $2 billion to the fund passed the House and is being considered by the Senate, where is appears to have support, Reuters reports. The initial $1 billion clunkers outlay is nearly exhausted.

Tesla Roadster Sport – fresh photos

Tesla has released new images of the Tesla Roadster Sport as the order book opens But despite the hype on the Tesla Model S earlier in the year, the next model to arrive will be the Tesla Roadster Sport – a beefed up version of the current Roadster. And Tesla are ramping up the awareness by releasing the new pictures you see here. The Roadster Sport gets 15% more peak power that the standard Roadster, which should propel the little Roadster to 60 mph in around 3.7 seconds, which is no mean feat, despite the Roadster’s dinky dimensions.

Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.