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White House pushes automakers toward 54.5-mpg target by 2025
Tue, 26 Jul 2011The 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.
Ford boosts prices 0.4 percent on 2011 models
Mon, 04 Apr 2011Ford Motor Co. said it boosted prices an average of $117, or 0.4 percent, on 2011 models effective Friday, April 1. The increase is because of “higher commodity costs,” George Pipas, Ford's chief sales analyst, said Monday.
Citroen Nemo Concetto concept (2007) news
Wed, 05 Dec 2007By Ben Pulman First Official Pictures 05 December 2007 17:00 There's something fishy going on here... Look beyond the cutesy paintwork for a moment and you’ll see Citroen’s new Nemo Concetto, a van-derived people carrier concept that’s based on the recently launched Nemo commercial van. The idea behind the Nemo – a three-way development with Fiat and Peugeot – is to tap into the massive European market for van-based family cars.