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Clunkers claims hit $1.15 billion Monday, government says

Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.

Historic first Porsche P1 electric vehicle goes on display

In what at first glance appears to be a blatant attempt to upset McLaren’s SEO – that’s Search Engine Optimisation – a Porsche P1 model has been announced. But this is no fearsome new 1,000hp rival to McLaren’s P1 hypercar (after all, Porsche already has one of those). Rather, the Porsche P1 actually dates from 1898, and produces just 3hp.

Volvo Group plans wirelessly charged bus line

There's one bit of futuristic transportation technology that seems to get trotted out almost as often as autonomous cars, electric cars and flying cars: Inductive, or wireless, charging for city buses. It's not as sexy or as memorable as the perpetually out-of-reach commuter-grade Harrier jet, but it uses proven technology (GM's EV-1 uses inductive charging, as do electric toothbrushes) to save or eliminate fuel and to reduce emissions. And unlike the flying car, induction-charged buses are hardly fantasy: They've been used in European cities for over a decade, South Korea started testing a fleet last year and Utah got in on the act recently.