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Hyundai Intrado revealed before Geneva

The Hyundai Intrado crossover debuts next week at the Geneva motor show, but the company revealed some pictures and information about the car on Monday. The Intrado is the first concept produced under the direction of Peter Schreyer, who became Hyundai president and chief design officer last January. Hyundai says the Intrado demonstrates the company's belief that advanced vehicle technologies and intelligent design can combine to engage with drivers and passengers.

Ford GT40 prototype sold for £4.2 million

One of four original Ford GT40 racer prototypes has sold at auction in the US for a staggering $7 million. That's £4.2 million. The Ford GT40 is famous for several things – being the product of Ford’s frustrated attempt to buy Ferrari, becoming an enormously successful Le Mans winning racing car and standing just 40 inches tall.

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.