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Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology

BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.

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.

Winning: Paul Newman's Ford 351-powered Volkswagen Beetle for sale

From the King of Cool to Cool Hand Luke, our movie hero vehicles are right at our fingertips. Now if we only had $250,000 to spend on a Volkswagen Beetle. The “Newman Bug,” as it was once called, is up for sale for a cool quarter-million dollars.