Airtex 5c1492 Ignition Coil on 2040-parts.com

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

Porsche buys Nardo for high-speed tests

Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA.  No fee has been disclosed by either party.

Local authorities cashing in with CCTV fines

Councils are turning to CCTV cameras and spy cars to raise £312m in revenue, that’s according to Traffic Spies, a report published by civil liberties group, Big Brother Watch. Using a series of freedom of information requests, the group has discovered that many councils are continuing to use CCTV to hand out fines, despite the government’s Surveillance Camera Code of Practice, which highlights the need to use CCTV for traffic offences “sparingly”. Council parking ’spy car’ gets speeding ticket Cameras to catch illegal parking on the school run Yet despite this, the number of CCTV cars in operation has increased by 87% since 2009.