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Cash-for-clunkers deal to end Monday night, government says

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.

Aston Martin sales UP in 2013 – new platform being developed

Aston Martin sales and revenue up in 2013 Aston Martin has revealed its results for 2013 – its centenary year – which show the coolest car brand on the planet managed to increase sales by 11 per cent – to around 4,200 cars – and revenue to £519 million, an increase of 13 per cent over 2012. Aston Martin’s earnings before EBITDA (that’s earnings before interest, taxes, depreciation, and amortization) were up a strong 22 per cent to £84.8 million, demonstrating strong operating profitability, although actual earnings were marginal. But Aston Martin are bullish about the performance, and equally bullish about the future.

Hyundai ix35 facelift to cost from £16,995 – extended model range & specs

The ‘new’ Hyundai ix35 (pictured) costs from £16,995 Hyundai revealed the mildly facelifted ix35 back in March (and a better looking version for the Korean market a couple of months later) and now, with the new ix35 on sale next week, we have news of prices and specs. We covered the tweaks Hyundai have made to the ix35 back in March – and they’re really quite minor – but the trim levels are also changing and the more powerful 2.0 litre diesel is biting the dust. The ix35 range now kicks off with the ix35 S 1.6-litre GDi 2WD manual at £16,995 which comes with 16″ alloys, central locking, USB and AUX, AirCon, Hillstart Assist and Downhill Brake Control (designed to help those who can’t really drive).