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New vehicle labels to compare fuel economy, emissions with U.S. average

Window sticker labels will show how new vehicles' fuel economy and emissions levels compare with the U.S. fleet average starting in the 2013 model year, the Obama administration said Wednesday. The new federal rules carry out a 2007 law that requires labels to put new vehicles in fleetwide context for fuel economy, greenhouse gases and smog-forming pollutants.

New Mustang Finally Comes To UK

FORD has unveiled its latest generation Mustang muscle car, which for the first time will come to the UK in right-hand drive form. The car, which will go on sale towards the end of 2014, claims to be lighter and more advanced than its predecessor. Also new is a 2.3-litre, 305 horsepower engine, which Ford hopes will boost the Mustang’s eco credentials in Europe without detracting from the car’s performance.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.