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McLaren F1 LM & F1 GTR to join P1 at 2013 Goodwood Festival of Speed

The McLaren F1 LM Prototype (pictured) will be at the 2013 Goodwood Festival of Speed This year’s Goodwood Festival of Speed is turning in to a proper treat for McLaren fans. As well as the McLaren P1 making its driving debut at Goodwood this year – and taking on the hillclimb, McLaren is taking a trio of legendary F1 cars to the festival too. On show will be the 1995 Le Mans winning F1 GTR, a car which allowed McLaren to become the first racing team ever to win the Formula 1, Indy 500, Can Am and Le Mans Championships.

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.

FLO TV shutdown forces Chrysler to consider alternatives

Chrysler said it plans to take care of its customers who will lose the FLO TV mobile-television service next spring. But the automaker hasn't settled on what it will do. Qualcomm Inc., owner of FLO TV, said on Oct.