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U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.

Asian brands top annual Consumer Reports rankings on reliability

Honda, Acura, Porsche and Scion topped the annual Consumer Reports reliability survey released on Tuesday. At the other end of the spectrum, Audi, BMW and Mercedes-Benz were deemed among the worst. Findings are based on responses about 1.3 million vehicles owned or leased by subscribers to Consumer Reports or its Web site.

Brit success story Prodrive celebrates 30 years

BRITISH race and rally specialist Prodrive is celebrating 30 years of putting drivers on the top step of the podium. The Banbury-based company first entered motorsport in January 1984 when it competed in the Qatar International Rally with a Porsche 911 SC RS. This car was driven by Saeed Al Hajri and the same car went on to be campaigned by Henri Toivenen in the European Rally Championship.