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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.

Mercedes SLS AMG Black Series gets a price. And it’s a big number starting with ’2′

Mercedes has come up with a price for the SLS AMG Black Series in Germany where it will cost a quite large €249,000. We always knew that the Mercedes SLS AMG Black Series would become a reality, if for no other reason than not having a Black Series of the most potent AMG car in existence would be daft. But it took Mercedes until the Autumn of 2011 to actually confirm they were going to build the SLS Black, and until November 2012 to actually reveal the SLS Black as a hardcore version of the already fairly hardcore SLS.

Ferrari video of the next Enzo's HY-KERS hybrid

Ferrari has issued video of its new HY-KERS hybrid system bound for the new Enzo successor due later in 2012. It mates a V12 petrol engine with a brace of electric motors - one to drive the car's ancillary systems like cooling and power assistance, and the larger one to drive the rear wheels. This teaser video doesn't give away any incredible performance figures, but it does afford a glimpse into Maranello's thinking for its new hypercar.