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Cash for clunkers plan revives trade fight

Import brand automakers and dealers warned on Thursday that a vehicle scrappage proposal before the Senate would violate trade agreements and could weaken the economy. The Senate could vote on the plan on Thursday, which would offer $10,000 to any moderate- or low-income consumer who trades in a car or truck that is at least 10 years old and buys a new one that is more fuel-efficient and "assembled in the United States." The trade-ins would be scrapped rather than resold. The U.S.-made mandate "smacks of the protectionism that led to the Great Depression," said Barbara Nocera, the top Washington lobbyist for Mazda North American Operations.

Ferrari 458 Italia to get folding Hard Top

Looks like the Ferrari 458 Italia Spider is getting a folding hard top You don’t need to be a supercar guru to know that Maranello’s latest mid-engined wonder – the Ferrari 458 Italia – is going to spawn a convertible version in the not too distant future. And if you claim to be a Ferrari aficenado you can probably proclaim – with reasonable certainty – that it will be a rag-top Spider. But it looks like you could be wrong.

Autoweek in review: What you might have missed

Ninety-three year-old Rachel Veitch retired her 1964 Mercury Comet Caliente this week. She had racked up more than 576,000 miles on the odometer. What better way could there be to celebrate National Cherish an Antique Day?