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U.S. set to raise fuel-economy standard

Government regulators will get their prize of higher fuel-economy standards, and automakers will get the certainty of a national emissions standard, under new rules to be proposed Tuesday by President Barack Obama. The fleet average fuel economy for automakers will rise to 35.5 mpg in 2016 under the president's proposal--10 mpg more than today's mandate. At the same time, the president's proposed rule will cut carbon emissions, thought to be a key factor in global warming.

Suzuki Grand Vitara Facelift revealed

Suzuki in Japan has revealed a facelifted version of the Escudo in Japan, better known in Europe as the Suzuki Grand Vitara. The Suzuki Grand Vitara has been with us since the dinosaurs ruled the earth. Well, it certainly seems that long and the Vitara was pretty much in at the start of the sales phenomenon that is the compact SUV.

Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.