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Crazy self-driving Rinspeed XchangE concept for Geneva 2014 debut

You can rely upon Swiss concept specialists Rinspeed to release something suitably crazy on the run up to their home Geneva Motor Show – and 2014 is no different, it appears. This is the Rinspeed XchangE, a self-driving autonomous car that shows "what will move us tomorrow," according to the firm; it’s "the office and living room on wheels." Natch. Please click on the image above to read more about the 2014 Rinspeed XchangE concept

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.

Chevrolet Volt prices announced

GM has revealed that the Volt hybrid could cost $33,500 (£21,000) in the US after government tax credits, making it nearly £2000 cheaper than Nissan’s Leaf electric car. The Volt’s List price is $41,000 (£26,300) but qualifies for a subsidy thanks to its low emissions. A basic Volt comes with Bluetooth and sat-nav but buyers can add leather seats and steering wheel, heated seats, rear camera, polished wheels and park assist.