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Clunkers records $2.88 billion in rebates

Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.

Funding row erupts over road repairs

COUNCILS hit by the recent extreme weather are calling for extra funding from central Government to help meet the multi-million pound roads repair bill. The Local Government Association (LGA) wants the Department for Transport to create a highways maintenance emergency fund following the recent spate of heavy rain and flooding. But the Government said councils have been allocated their funding and should have created contingency funds themselves.

Saab targets customers' hearts, brains and wallets in North America

Saab executives said they're optimistic the struggling brand will be able to attract customers despite production stoppages at the company's Trollhaettan, Sweden, plant and cash flow problems. The Swedish automaker aims to target consumers and instill confidence with a grass-roots marketing campaign that focuses on the "heart, brain and wallet," Saab Cars North America President Tim Colbeck told reporters at Saab's North American headquarters in suburban Detroit on Thursday. Colbeck said the company must move away from selling vehicles based on price and focus more on making customers enthusiastic about driving Saab's vehicles.