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‘Cash-for-clunkers’ bill clears House

The “cash-for-clunkers” legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives. That moves the proposed plan closer to reality and would offer up to $4,500 in vouchers to consumers who trade in older cars for new, more fuel-efficient rides.

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.

Carlsson C25 super coupé (2010) first official pictures

Mercedes tuner Carlsson will whisk the covers off this slinky new sports coupe at the 2010 Geneva motor show. The new C25 is Carlsson’s take on the Merc CL and this reskinned supercar will be one of the world premieres at the Palexpo arena.  Carlsson says it’s the company’s first own-developed and badged road car and it just about looks convincingly different enough from the SL to warrant that claim, we reckon. Just 25 C25s will be built, each powered by a breathed-on Mercedes 743bhp bi-turbo 6.0-litre V12.