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Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

Audi dropping Multitronic CVT gearbox

The Audi Multitronic CVT gearbox is being retired Audi make some great cars, but a number of them are spoiled by the woeful CVT gearbox. The theory is that as the CVT ‘box, which varies transmission ratios infinitely and keeps the engine working in the right rev range, is more economical and more efficient. But CVT boxes are horrible.

Lamborghini Gallardo production ends as its replacement is trailed

No sooner has the death knell finished tolling for the now departed Lamborghini Gallardo – the firm’s best-selling model ever – the Italian supercar manufacturer is already teasing the Gallardo’s replacement. On a new website – Hexagonproject.com – Lambo is revealing "the roar of its new creature," which is thought to be called the Cabrera. On Bing: see pictures of the Lamborghini CabreraFind out how much a used Lamborghini Gallardo costs on Auto Trader Lamborghini is keeping its cards very close to its chest, and the Hexagon Project website doesn’t really reveal any information on the new car.