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New VW Golf R Mk 7 costs from £29,900 in the UK

The new VW Golf R (pictured) costs from £29,900 The best of the MK 7 Golfs – the new Golf R – arrived back in August ahead of its debut at the Frankfurt Motor Show, with Volkswagen telling us it would go on sale in early 2014. But it’s actually on sale now, a few weeks early. At £29,900 (for the 3-door with 6-speed manual), the Golf R is a sensible price ( at least in comparison to VW’s truly silly price for the MK 6 Golf R Cabrio – which they subsequently dropped by more than £5k) and undercuts the similar Audi S3.

New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.

Porsche 918 Spyder sets Nürburgring lap record

The new Porsche 918 Spyder has lapped the Nürburgring Nordschleife in 6min 57sec, a time that’s 14 seconds faster than the existing 'Ring record. Such a quick lap was only possible because of the 918 Spyder’s hybrid powertrain, says Porsche, and the new Nürburgring record is claimed to prove the potential its new supercar. Who is the new Nürburgring lap record holder in the Porsche 918 Spyder?