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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.

Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Mazda 2 three-door (2008): first official pictures

By Ben Pulman First Official Pictures 23 January 2008 14:26 Mazda will debut the three-door 2 at the Geneva Motor Show in early March. And while the five-door 2 hardly looks staid, and actually rather dynamic, the Japanese company is claiming the three-door will be even more sporty. Quite how this will be achieved Mazda doesn’t say and is remaining tight lipped until nearer show time.