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Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.

BMW teams up with U.S. Olympic Committee

The ultimate driving machine is helping Team USA reach for gold medals. BMW Group announced on Monday that it has been named the official mobility partner of the United States Olympic Committee (USOC) through 2016. BMW will also work with four national governing bodies, USA bobsled and skeleton, speed skating, swimming and track and field.

EBay Motors app for the iPhone debuts

Impulse shoppers, rejoice. Thanks to the just-released eBay Motors app, you can go right to your iPhone and grab that Ferrari F50 you've been eyeing since you won the lottery. Rather than patiently test-driving, negotiating and comparison-shopping in person, you can now fall prey to your thumb's need to impulsively purchase a car you think you can afford.