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Dealers' clunkers filing deadline extended

The Transportation Department has extended the cash-for-clunkers filing deadline again, to 8 p.m. EDT tonight after reporting that its computer system for dealers "has been fully operational overnight." In an e-mail to the National Automobile Dealers Association that was confirmed by Transportation spokeswoman Jill Zuckman, the Obama administration said, "The system will be closed to new submissions" after 8 p.m. It was the second deadline extension since last Thursday because of Transportation's computer outages.

Nissan Sport Sedan Concept headed for Detroit show 2014

Nissan Nissan has issued this new-year teaser of the Nissan Sport Sedan Concept - understood to be a look at the new US-market Maxima saloon. The world debut of the Sport Sedan Concept is due at the North American International Auto Show, aka the Detroit Motor Show, starting on Monday 13 January 2014. Although only this solitary shadowy teaser image has been issued today, we can make out a new front-end design on the sports saloon concept car.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.