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Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

New Ford C-Max revealed

Ford has released first details of the new C-Max which will debut at Frankfurt Ford has released some detail of the new C-Max, which is the first car from Ford to use the next generation Ford Focus platform, and will come as either a five or seven seat car. Not only will the new C-Segment platform be used here in the C-Max, but it will also see use in not just the next generation Focus, but also in the eventual replacement for the Ford Kuga. The C-Max will very sensibly stick with the multi-link rear suspension that has given the current generation Focus such great driving dynamics, and it will also feature Ford’s 1.6 litre Ecoboost engine, which is equipped with a turbo and direct injection for improved economy and efficiency.

Mercedes SL65 AMG (2012) first official pictures

If you're wondering why Mercedes is persisting with a twelve-cylinder SL in this downsizing era, understand this: the new 2012-spec SL65 AMG exists purely because many buyers at this end of the market demand more of everything. So a Mercedes SL65 AMG with a hulking bi-turbo 6.0-litre V12 has been launched for customers in China, the Middle East and other emerging markets, where millionaires are numerous and fuel prices less of an impediment to sizeable sales. Over here, we'll just ogle the price tag well into six figures and stick with the big-selling SL350 or SL500.