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For new CAFE rules, automakers place high-stakes tech bets

Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.

Audi sells over 1,000,000 cars in 2008

Audi breaks the 1,000,000 car sales barrier in 2008 [ad#ad-1] Audi has really made an impression on the car market in the last decade. From the old Auto Union days (which was created by amalgamating the car makers Horch, Audi, DKW and Wanderer), it is now part of the German luxury car triumvirate – BMW, Mercedes and Audi – and considered to be the equal of the others. No mean feat.

Petersen museum celebrates the 50th anniversary of Phil Hill's world championship

It's been three years since the racing world lost one of its greatest heroes and nicest guys. Now, on the 50th anniversary of his world championship, the Petersen Automotive Museum in Los Angeles is celebrating the life and accomplishments of Phil Hill--the first American to hold that title--with a new exhibit of his cars and a gala celebration of his greatest races. First is the exhibit, assembled in collaboration with Phil's son Derek, himself a racer.