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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.

CAR interviews Lambo bosses Stephan Winkelmann and Maurizio Reggiani (2010)

By Tim Pollard Motor Industry 16 April 2010 09:49 CAR sat recently sat down for a one-to-one interview with Automobili Lamborghini president and chief executive Stephan Winkelmann and R&D director Maurizio Reggiani. The two bosses discuss future plans, what having Porsche as a partner means, the prospect of hybrid Lambos and how they’ve coped with a global recession that’s wiped 40% off their sales.CAR: Supercar makers had a torrid time in the recession. Will you ever recover to the record 2008 levels?Stephan Winkelmann: ‘It’s difficult to imagine that this will be any time soon.

Lotus boss Dany Bahar ousted

Dany Bahar, Lotus boss, suspended from his job Controversial Lotus boss Dany Bahar has been suspended from Lotus pending an enquiry in to his conduct. Since ex-Ferrari man Dany Bahar arrived at Lotus it’s all turned in to a bit of a soap opera. From announcing the creation of six new Lotus cars and plans to turn Lotus in to an East Anglian cross between Ferrari and Aston Martin, to the completely bizarre Lotus PR meltdown rant we saw recently, it’s not been quiet in Hethel since Dany Bahar arrived.