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Guzzler program still operating; White House searches for funds

The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit. "It is not suspended," a White House spokeswoman, who asked not to be named, said in an interview today. "We continue to assess the program and its budget." National Automobile Dealers Association spokesman Bailey Wood said Thursday that the group had been told by Transportation Department officials of plans to suspend the program after just six days.

Subaru Rally Team driver David Higgins crushes Mt. Washington Hill Climb record

It's the season of the hill climb, those few months of the year when even the tallest mountains shed their snowcaps and open up for all manner of driver and race car. There's the Spectre 341 Challenge in Nevada, Pikes Peak in Colorado and the Mt. Washington Hill Climb in New Hampshire, which just had its 13-year-old record smashed by Subaru Rally Team driver David Higgins.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.