Scrappage: US to get Cash for Clunkers

The US is to get their own Scrappage Scheme - Cash for Clunkers So even though our Scrappage Scheme is pretty flawed, it may well be having an impact – at least until the relatively modest amount set-aside for the scheme by the Government is exhausted. And now it’s the turn of the US to launch a Scrappage Schem – Cash for Clunkers. Cash for Clunkers legislation was passed yesterday in the US to try and kick-start US car sales, and give a boost to beleaguered car makers like GM and Chrysler.

Second Lamborghini Diablo GT-R up for grabs in California

Not ready to pony up for the ultrarare, unraced Lamborghini Diablo GT-R that was for sale last week? As long as you didn't drop all of your change on rapture supplies, we've found you a second GT-R--albeit with racing history--for sale by the same owner. This example, painted Monterey Blue by its previous Japan-based owner, has spent the past few years touring car shows and displays while remaining in a private collection.

Mercedes-Benz considering Aston Martin buyout

Mercedes-Benz is reportedly considering a deal to buyout sports car manufacturer Aston Martin, which would increase the firm’s current 5% stake in the British brand. Following a deal to supply AMG engines to Aston for its next generation of vehicles (hence the current 5% share), a buyout or even further investment in Aston Martin could be beneficial to both brands. On Bing: see pictures of the Aston Martin Lagonda SUV concept Find out how much a used Aston Martin costs on Auto Trader With Mercedes technical expertise and existing model range, it opens up potential new models to Aston Martin.