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New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.

2013 Porsche 911 GT3 Cup car teased in video

Porsche is teasing the 2013 Porsche 911 GT3 Cup race car on YouTube. It's the first dedicated track car of the 991 generation. The company reportedly will reveal the whole car to the public on Saturday.

2011 Cadillac CTS coupe revealed; V-Series model confirmed

Two-door Cadillacs have always had a special place in the hearts of enthusiasts of means, reinforcing the brand as a purveyor of personal luxury and performance. Now comes the latest in the lineage: the 2011 CTS coupe, which will be joined by a high-powered V-Series model. The first official photos of the car in production trim were released on Monday, and the car is the centerpiece for Cadillac's remade product line.