New Diablo Tirado Wheel Chrome Center Cap M-644 on 2040-parts.com

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

2012 Scion iQ priced at $15,995

As journalists including AutoWeek's own Michelle Koueiter flog the new 2012 Scion iQ in California, pricing information has made its way back to the Midwest. The Scion iQ will cost $15,995, including destination, when it hits dealerships. The car will be released in four phases, starting with the West Coast in October.

Autoweek in review: What you might have missed

Rally driver Ken Block spent his summer on a three-continent tour of car trickery, and his highlight video can be viewed here. The Chevrolet Volt has been in the spotlight this week because of a NHTSA investigation into battery-pack fires, but the car still topped an owner-satisfaction survey. Tokyo Motor Show press days were this week, and you can check out our complete coverage here.