1 Continental Contiprocontact Ssr 195/55/16 Tire (z35104) on 2040-parts.com

CAFE standards set to rise to 54.5 mpg for 2025

President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.

Auto sales top 14.4 million in 2012

U.S. light-vehicle sales--led by Volkswagen, BMW and Honda--jumped 9 percent in December, pushing the seasonally adjusted sales rate above 15.3 million for the second consecutive month and helping the industry finish 2012 on a high note. Automakers sold 14.49 million light vehicles in the U.S.

Your Fisker Karma is ready, Mr Di Caprio

The firts Fisker Karma is off to Leonardo di Caprio - without the leggy passenger The Fisker Karma has been on its way for what seems a very long time. But finally, Henrik Fisker’s eponymous company is delivering what it’s been promising, and the first recipient later this month of the Karma will be Leonardo di Caprio. Henrik Fisker has a few more famous faces in his 3,000 order bank including Al Gore (former vice President and the man with the disingenuous climate-change campaign to his credit) and Colin Powell (best know for the Gulf war and being the only man called Colin who can’t pronounce his own name).