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VW Golf (2012) - prices for new Mk7 Golf from £16,330

Volkswagen today announced prices for the new Mk7 Golf. It'll start from £16,330 on-the-road - and the good news is, that's cheaper than the outgoing Mk6 Golf which today kicks off at £16,425. CAR's been saying for some years that the new MQB architecture underpinning the new VW Golf, and indeed the rest of the VW Group's mid-sized cars from Seats to Skodas, would be cheaper to produce.

BMW unveils 2012 Olympic Pavilion

BMW – one of the major sponsors of the 2012 London Olympic and Paralympic Games – has unveiled its pavilion for the event. Designed by British architecture firm Serie, the Pavilion makes use of various carbon reducing and recycled elements in its construction to symbolize BMW's sustainability drive. The Pavilion's upper platform will feature a range of BMW products, including the new i3 and i8 electric models, whilst the lower part will house an interactive display that allows visitors to view just how BMW is supporting both the Olympic games and Team GB.

White House pushes automakers toward 54.5-mpg target by 2025

The White House is pushing automakers to agree by Wednesday to a corporate average fuel economy target of 54.5 mpg by 2025--a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month. The easing of the White House plan stems from a concession to makers of light trucks and SUVs, and particularly larger vehicles in that segment, such as Ford's F-150, sources said. The latest White House proposal, the most definitive of any it has put forth, calls for a 5 percent annual mileage increase for cars from 2017-2025, said industry and congressional officials who asked not to be named because their discussions with the White House are confidential.