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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.

Jaguar F-Type: Official

The new 2013 Jaguar F-Type is officially revealed with even more photos and video of Jaguar’s new sports car. Just as we’ve already seen, the F-Type is very much a driver-focused car with a cocooning cockpit and plenty of style and a mission to deliver a sports car with soul, looks and performance. Underpinning the F-Type is a lightweight aluminium structure with all aluminium double wishbones and a quick ratio steering rack, and all that stiff aluminium means a Jaguar that is 30 per cent stiffer than anything that has gone before.

Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.