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Redesigned 2014 Lexus IS base price increases

Lexus has set the base price of the 2014 IS compact sport sedan at $36,845, including shipping, an increase of $885 from its predecessor, Lexus said. In contrast, the top-level IS 350 with all-wheel drive starts at $42,595, including shipping, which is 2.1 percent lower than the model it replaces, Lexus said in a statement this week. The pricing makes good on Lexus' guarantee to keep the base price attainable for consumers “by narrowing the gap between the 250 and 350,” a Lexus spokesman said.

Mercedes-Benz to use inflatable rear seatbelts on new car

Mercedes-Benz will begin equipping its cars with inflatable seatbelts for rear passengers, making it the second automaker to use the safety technology. Mercedes said the belt would be introduced on an upcoming luxury car. A likely candidate is the redesigned S-class sedan, which the German automaker is preparing to put into production next year.

First retail 2015 Mustang could make the record books

Barrett-Jackson will play host to what could be one of the most valuable Mustangs ever to be sold at auction. The event takes place in Scottsdale, Ariz., and guests can start placing bids Saturday. The 2015 Mustang hits showrooms this fall and has been causing quite a stir among car enthusiasts.