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Hyundai Equus headed for U.S. market, targets Lexus LS sedan

Hyundai plans to bring its Equus luxury sedan to the United States next July. About 100 units of the Equus are being evaluated this summer by U.S. dealers and consumers.

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.

Cycle or walk, charity urges parents

PARENTS could save a collective £2 billion a year if they ditched the school run and accompanied children to lessons on foot or by bicycle, says a transport charity. On average, each set of parents could reduce costs by £642 a year if they did not use their car to ferry their offspring to and from school, said Sustrans. Around 11 million journeys a day are made between home and school, while, on average, primary school children live 1.8 miles from school, which is a 25-minute brisk walk, or 15-minute bike ride.