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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.

2014 Audi A8 Facelift teased with design sketches

It’s the 2014 Audi A8 facelift, complete with LED lights all round It’s getting on for four years since the current Audi A8 was revealed, although only three since it arrived in showrooms. But now it’s time for a facelift. As this is Audi, don’t expect wholesale changes to the look of the A8.

Fiat-Chrysler to make Jeeps, Alfas in Italy starting in 2012

Fiat S.p.A. and Chrysler Group will build Alfa Romeo and Jeep models for global distribution as part of a new joint-venture company that will take control over Fiat's Mirafiori plant in Turin, Fiat said Friday. Fiat-Chrysler will invest more than 1 billion euros (more than $1.3 billion) to retool the factory.