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New Jaguar XE teased

Jaguar reveal a teaser image of the new XE Jaguar’s new smaller car – effectively a replacement for the Mondeo-based X-Type – has been coming for what seems a very long time, but it was finally officially announced at the Geneva Motor Show in March. At the time, all we got was a front-end view of the new XE as Jaguar attempted to whet appetites, but now we get the first official teaser from Jaguar of their new baby saloon. Covered in a bizarre camouflage of add-on panels and white paint, the XE looks to have the proportions of the XF, just on a smaller scale.

2012 Audi TT RS starting price set at $56,850

If you have your heart set on the top-shelf Audi TT RS, prepare to pony up $56,850 plus destination and what we’d assume are plenty of options to put one in the garage. Worth it? You decide: The highest-performance TT will get a 2.5-liter turbo five with 360 hp and 343 lb-ft of torque, with the twist available from just about off-idle to 5,400 rpm.

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.