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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.

Rolls Royce has record 2008

We reported a while back about Rolls Royce prospering despite the credit crunch, and figures revealed today show that they continue to prosper despite the doom and gloom. When we last wrote about this back in November, we reported that Rolls Royce’s year end showed an increase of 38% year on year, with a total of 945 cars sold. Well, they’ve obviously continued in the same vein as their 2008 sales total has reached 1210, an increase of 20% over 2007.

KTM X-Bow – the heavyweight dealer arrives

Dick Lovett has been appointed as a dealer for the KTM X-Bow And the profile of the X-Bow keeps growing with the effusive comments from those who’ve driven it and the decent marketing the car is enjoying through sensible stuff like the KTM X-Bow Drive Orange days at Brands Hatch and Silverstone. But that 1,000 car a year production may have to be revised again after it has been announced that Dick Lovett – a high-end supercar dealer – has just been appointed KTM X-Bow dealer for South Wales and South West England. We who read (and write) about cars every day tend to assume that anyone looking for a supercar or high-end sports car is completely au fait with what the market has to offer.