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White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.

What scrappage incentives are doing to the European market

Scrappage incentive By Glenn Brooks Motor Industry 21 May 2009 10:15 Remember the old shape Skoda Octavia? We might not be able to buy it in Blighty but it’s roaring up the sales charts in Germany thanks to scrappage incentives on offer there. All across Europe, cash-for-clunkers schemes are turning markets upside down, with the brands that offer the most car for the money the biggest winners.

The British are here: Video shows arrival of the McLaren MP4-12C

The McLaren MP4-12C has been on the road for a few months, but McLaren has now released a video celebrating the arrival of its latest supercar. Watch as the first of many MP4-12Cs roll off at the Port of Baltimore and make their way across America. The video also mixes in clips of former Formula One world champions Lewis Hamilton and Jensen Button juxtaposed driving their race cars.