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Peugeot 308 hits almost 100mpg

Peugeot Peugeot has proved that three-figure fuel economy figures for petrol engines might not be too far from becoming a reality, as its new 308 has set what it claims is a record of 99.1mpg. The 2014 European Car of the Year, powered by a 1.2-litre turbocharged petrol Puretech engine, covered 1,124.7 miles on just one tank of fuel when tested on a track in Spain. Top 10 most economical carsPeugeot 308 review (2013 onwards) In doing so, it took more than 32 hours of driving to consume the 51.4-litre contents of its fuel tank.

Reports that General Motors will sell Opel dismissed as 'nonsense'

German press reports that General Motors Co. is putting its European unit Opel/Vauxhall up for sale were dismissed as speculation by the division and as "nonsense" by a German state with an Opel factory. The magazines Auto Bild and Spiegel reported that GM is considering putting Opel up for sale as management is losing confidence that its European arm will return to profitability.

Ultra-low-mileage Chevrolet Corvair Monza heads to the auction block

We've never really paused to appreciate the subtle good looks of the Chevrolet Corvair, especially the end-of-the-line 1969 Corvair Monza coupe. But this particular car, which will be sold at the upcoming Mecum Houston auction on April 11, will make you stop and take stock. Even if you're Ralph Nader, you can't help but be impressed by its extreme originality: It has just 15 miles on the odometer.