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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.

Concept Car of the Week: Mazda RX500 (1970)

Developed by the Toyo Kogyo Company's advanced design and engineering team, the Mazda RX-500 was described as a ‘mobile test bed for high-speed safety'. Looking at its design, the team's childlike enthusiasm has shone through, resulting in a very cool concept.  From the rakish front to the wraparound windscreen and on to the bread van rear, everything communicates high-tech and ‘70's futurism while also channeling a little of the Star Wars X-Wing. Thanks to plastic body panels, the concept weighs only 850kg and is powered by a 491cc rotary engine delivering 247bhp fitted behind the cabin, in front of the rear axle.

Tesla takes a swipe at BMW & Audi

Tesla’s design boss, Franz von Holzhausen, says the BMW i3 is an IKEA car We’ve long been of the opinion that electric cars, certainly with the current levels of battery technology, can never be a replacement for an ICE car. But we do have soft spot for what Tesla are doing. That’s because Tesla has tackled the issues of electric cars in  the cleverest way possible by building a car (the Model S) that looks like a normal luxury car – rather than making it look odd or quirky just to ram home its difference – and made it travel a sensible distance on a single charge.