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Pedigreed 1980 Porsche 933 (almost) ready to race for $15,000

Looking for a pedigreed piece of racing machinery on the cheap? One could do worse than this example of a 1980 Porsche 933, listed by our good friends at Bring a Trailer. They claim that this is one of sixteen 924 chassis cars factory-developed in Weissach, Germany, and delivered to Holbert Racing in Pennsylvania.

Seven automakers agree on standardized fast-charge system for EVs

Seven automakers have agreed to use a common single-port fast-charging system for electric cars in the United States and Europe. The goal is to reduce development costs and make it easier for consumers to adopt electric vehicles. Audi, BMW, Daimler, Ford, General Motors, Porsche and Volkswagen will use identical charge plugs and the same system for communication between the charger and the car in their electric vehicles.

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.