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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.

McLaren P12 hypercar confirmed for Paris debut

McLaren has confirmed its new flagship model, code-named P12, will make its world debut at the Paris motor show, the first time the company has attended an auto show in its recent history. The announcement was accompanied by a teaser image of the car that appears to feature an unusually low scuttle height and a glass canopy. First impressions suggest it may offer some respite from the current crop of rather uneventful-looking supercars.

Renault Sand'up concept

This is Renault's new Sand'up concept, developed by Renault Brazil and unveiled today at the 25th Salão Internacional do Automóvel in São Paolo. The modular 2+2 coupé can not only transform into a cabriolet, but it can also be used as a pickup by lowering the rear bench seat. As most pickups in Brazil are bought for their sporty image and not used for heavy workloads, but rather as an adventurous and fun vehicle, the car makes use of the rear passenger compartment by incorporating a mechanism that lengthens the cargo bed by up to 40cm to accommodate a range of objects.