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Peugeot 408 GT Coupe planned for 2016

Peugeot 408 GT Coupe planned for 2016 based on the 308 (pictured) The market for smaller four-door coupes has grown in recent years, and it looks like the Mercedes CLA – the four-door coupe version of the Mercedes A-Class – is a runaway success. That seems to have given Peugeot the idea that it should revive the ’40-something’ badge a couple of years after they dropped the 407 and 607 in favour of the 508 and build a new coupe, this time a four-door. The Peugeot 407 was a larger two-door coupe – the not quite as convincing update for the very good 406 coupe – which had an old-world coupe feel and was very much a niche product in Peugeot’s range.

Bill Gates, venture capitalist invest $23.5 million in EcoMotors

EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.

GM claims 23-mpg average in E-ROD 1955 Chevrolet Bel Air

First introduced in 2009, the GM Performance Parts (GMPP) E-ROD program was born with the mission of creating fuel-efficient, emissions-compliant engine packages for hot-rodders. Now the program is back in the news as GMPP claims that an E-ROD-powered 1955 Bel Air returned 23 mpg on a trip from Michigan to Florida while producing emissions comparable to those of a new Camaro SS. All of that green doesn't come inexpensive--or easy.