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Big news on GM's big SUVs

Good news and bad news for General Motors' large cash cows, the full-sized SUVs. The bad news: The massive sport-ute market has shrunk roughly in half to around 300,000 a year. The good news for GM: This drove some competitors either out of market or into the near-niche category, leaving the new-for-2015 Chevrolet Tahoe and Suburban, the GMC Yukon and Denali, and Cadillac Escalade with a big share of this very profitable segment.

Peugeot i0n electric car at 2009 Frankfurt motor show

By Tim Pollard First Official Pictures 08 September 2009 12:57 PSA is forging closer links with Mitsubishi; after the Outlander became the C-Crosser and 4007, now Peugeot has teamed up with the Japanese to launch the i0n – an electric car based on the electric Mitsubishi i-car. The zero-emissions Peugeot i0n (combines a zero with ions, geddit?) will go on sale at the end of 2010 and builds on the French company’s expertise with EVs stretching all the way back to 1995 when it launched the 106 Electric. It’ll go 80 miles on one charge of the lithium ion battery, making it ideal for urban commuting and short shuttles, says Peugeot.

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.