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New CAFE proposal would add $5,000 to sticker price, dealer group says

An 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.

May bids to build Mecanno motorbike

TOP GEAR star James May must be getting Meccano for Christmas because he is using the classic toy to build a motorbike and sidecar to race the Isle of Man TT circuit for a new show. The episode of his Toy Stories series, called The Motorcycle Diaries, sees May get to grips with a construction kit to try to build a vehicle capable of carrying him and co-star Oz Clarke around the 37-mile course. In previous episodes James May and his team have built a giant slot-car racing track, a full size Airfix replica of a Spitfire and a giant toy glider.

Tony DeLorenzo to be inducted into Bloomington Gold's Great Hall

Corvette racer Tony DeLorenzo and his 1967 L88 Corvette are being inducted into the Bloomington Gold Great Hall in St. Charles, Ill., on June 24. It's part of Bloomington Gold's honoring the 50 people and 50 cars that played the biggest roles in Chevrolet Corvette racing lore.