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U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.

Hyundai dealers will get Elantra coupe, redesigned Azera

Hyundai is continuing its recent product onslaught with two new or redesigned models to be launched by January 2012. Hyundai told dealers attending the NADA convention in San Francisco that a two-door coupe version of the 2011 Elantra will go on sale this spring and a redesigned Azera sedan will go on sale in January 2012. “They showed us a photo of it and it's gorgeous,” Doug Fox, a multi-franchise dealer who owns a Hyundai dealership in Ann Arbor, Mich., said of the Elantra coupe.

Pagani Zonda R Evo revealed ahead of Goodwood FoS Debut (video)

Pagani appears ready to reveal an ‘Evo’ upgrade for the track only Zonda R at the Goodwood Festival of Speed 2012. If you thought the ‘launch’ of the Pagani Huayra meant the end of the Pagani Zonda, you’d be mistake. The Huayra is fraught with ongoing problems for Pagani – most of them legislative – which means very few have found their way in to the wild (perhaps, and only perhaps, just one customer car is in existence).