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Hoon Small! Fiat 500 Abarth to start at $22,000

Fiat's U.S. arm is hoping that the Abarth-tuned antisocial edition of its diminutive 500 will inject some heat into the model's disappointing sales figures. Pricing it starting at $22,000, not including destination charges, should make the heated, tiny Italian more compelling to hot-hatch enthusiasts.

Volvo S60 concept

This is the first look at the new S60 concept Volvo plans to reveal at the Detroit Auto Show in January. The concept gives an indication of what the new sedan will look like when it's launched in 2010. The new car's coupe-inspired silhouette follows on from the original S60's and is also underlined by entirely new shoulder contours and a gentle double wave that runs from headlamps to taillamps.

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.