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Mercedes-Benz introduces nine-speed automatic gearbox

Mercedes-Benz has quietly slipped a new nine-speed automatic into its lineup as standard equipment on the European market E350 BlueTec. The new in-house produced unit, known internally under the name 9G-Tronic, has long been slated for selected Mercedes-Benz models. However, its existence was officially denied until the weekend, when Mercedes-Benz's German language website configurator went live with various updates for the E-class lineup -- including an entry signaling the 9G-Tronic is now available on the standard rear-wheel drive E350 BlueTec in place of the older seven-speed.

40 Years of Mmmm

In 1972, the Dow Jones closed above 1,000 for the first time, the Olympic Games in Munich were marred by the killings of 11 Israeli athletes, gasoline averaged 55 cents a gallon, Bobby Fischer became the world chess champion and the last U.S. troops withdrew from Vietnam. It was also a notable year for German automaker BMW, as that year saw the birth of its famed M division.

General Motors and Ford load up on small cars for bigger profits

Ford has no qualms about charging nearly $23,000 for a fully loaded 2011 Fiesta, which is smaller than the Focus. The Fiesta sedan, which goes on sale this summer, starts at $13,995, including shipping. The Fiesta, with a 1.6-liter four-cylinder engine and a six-speed transmission, gets 40 mpg on the highway.