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U.S. will honor clunker rebates until Senate acts, DOT chief says

The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. He said the administration would honor dealer rebate applications filed at least through Tuesday, Aug.

How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.

Subaru BRZ Concept STI teases production BRZ at L.A.

Subaru BRZ Concept STI at the Los Angeles Auto Show The Subaru BRZ (and for that matter its sibling, the Toyota FT-86) has been floating around in one form or another as a concept for years. And at Los Angeles we get treated to yet another ‘Concept’ version – the Subaru BRZ Concept STI. Which does seem a bit odd; after all, the production version of the BRZ is scheduled to arrive later this month at the Tokyo Motor Show, and we know from the teaser shots Subaru sent us of the production BRZ that there are changes from this Concept.