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Volvo V40 Cross Country & V40 R-Design: Paris 2012

Volvo has revealed the V40 Cross Country and V40 R-Design at the 2012 Paris Motor Show, and both are convincing. The sporty take on the new V40 is the V40 R-design, a cosmetic update for the already good-looking V40 that manages to bolt on go-faster bits without wrecking the good lines of the normal V40. We would like to have seen the Volvo V40 R-Design get the sports suspension as standard, but Volvo obviously feel that most R-Design buyers want the looks rather than the more dynamic ride the sports suspension offers, so it stays as an option. And as the R-Design option is available across the new V40 range – from the D2 to the T4 – it’s probably the right decision.

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.

Hertz brings back rent-a-racer program with Dream Cars

In 1966 -- at the dawn of the horsepower wars -- Carroll Shelby made a deal with the Hertz Corporation to produce a line of Shelby GT350 Mustangs for rent. Later, the cars would be refreshed and repurposed for sale as GT350-H models. Just as the horsepower wars have returned, so has Hertz' rent-a-racer program.