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New CAFE proposal would add $5,000 to sticker price, dealer group says
Wed, 18 Jan 2012An 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.
Lamborghini Gallardo LP560-4 Spyder revealed
Thu, 20 Nov 2008The Lamborghini LP560 has been with us for a few months now, so bang on cue Lamborghini has announced the convertible version – The Lamborghini Gallardo LP560-4 Spyder (what a mouthful – I think we’ll just stick with ‘LP560′). The Spyder version of the original Gallardo was always one of our favourites. It gave away so little to the hard-top version it really made sense to have the convertible – a rare thing with a performance car.
Porsche says 1952 356 Cabriolet is oldest one sold in the U.S.
Thu, 21 Oct 2010A 1952 Porsche 356 cabriolet owned by Robert Wilson of Oklahoma City, Okla., has been named the winner of a contest to find the oldest Porsche sold in America. Porsche Cars North America ran the contest, which asked owners to submit documentation showing when their cars were first sold, as part of its celebration of 60 years of selling cars in the United States. Wilson's car, which he found in a salvage yard, was imported in November 1952 by Max Hoffman, who started bringing Porsches to the United States in 1950.
