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NADA asks U.S. to suspend clunkers program

National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.

McLaren P1 – Driven by Jay Leno at the Top Gear track (video)

Jat Leno (pictured) drives the McLaren P1 at the Top Gear track at Dunsfold We reported just a few days ago that the McLaren P1 has all but sold out, and one of those buyers is America’s petrolhead in chief, Jay Leno. Even though Jay isn’t short of a few bob, he’s not going to be the wealthiest buyer of a P1 (by far), but his celebrity status has conferred on him something most P1 buyers won’t get – the chance to take to the Top Gear track at Dunsofold in the new P1 with McLaren’s Chris Goodwin (Chief Test Driver) riding shotgun. Prior to the run round Dunsfold, Jay gets a tour of the new P1 production centre (perhaps the cleanest car production centre in the UK) before being whisked off to Dunsfold by helicopter.

Bush leaves CAFE decision for Obama

The Bush administration has decided to punt its promised decision on new fuel economy standards to the Obama administration. In a statement this morning, the U.S. Department of Transportation said it will not issue final rules for fuel economy standards for the 2011-15 model years as planned.