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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.

Honda planning new Civic Type-R, Compact SUV, Hydrogen & more for 2015

Honda boss, Takanobu Ito, has revealed plans for a new Civic Type-R, new compact SUV, new hydrogen car and more by 2015. Could it be that Honda are starting to come out of the beige doldrums? Although there’s little doubt that Honda makes a very good car, it’s seemed to have been very cautious and chosen follow more than lead in recent years.

Spyker in F1 bid

By Angus Fitton Motor Industry 29 August 2006 11:01 Supercar maker Spyker could be set to join McLaren and Ferrari on the F1 grid in 2007. Talks are underway between Spyker's CEO Victor Muller and the Midland F1 team. The outfit, owned by Russian-born Canadian steel magnate Alex Shnaider, is struggling, having put zero points on the board this season.