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House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

LCV VALUES DEFY POOR CONDITIONS

AN INCREASE in demand for four-wheel drive light commercial vehicles saw LCV values rise during December 2010, according to new figures from British Car Auctions. After reaching a low-point in November, the cold weather inspired a £37, or 0.9 per cent, rise in average LCV values to £4,067. Values were also boosted by a 25 per cent decline in the number of vehicles that came to auction during the month.

Audi RS6 Avant heads for EJAF with a little help from Gwyneth Paltrow

Gwyneth Paltrow signing an Audi RS6 Avant heading for Elton John’s White Tie & Tiara Auction Audi UK has a bit of a history of donating cars for auction at Elton John’s annual White Tie & Tiara Ball in aid of the Elton John Aids Foundation, and 2013′s no different. In the past we’ve had the appealing R8 Spyder as an EJAF auction lot and an A1 painted by Damien Hirst, but this year the EJAF is getting the super-estate Audi RS6 Avant, scribbled on by the delectable Gwyneth Paltrow. Audi roped in Gwyneth to turn up at the UK launch of the new RS6 Avant at Audi City in London and got her scribbling her moniker  on the interior of the RS6, a task Audi says would make their uber-shed worth £88k if they sold it – but if previous EJAF auctions of Audi’s cars is anything to go by it’ll fetch a lot more than that when the hammer goes down.