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How Lexus execs rescued the GS sedan

Eighteen months ago, Toyota had all but scrapped its plans for the redesigned Lexus GS 350 sedan that was unveiled in Monterey, Calif., last week. At the time, the company was pouring engineering resources into resolving its unintended acceleration crisis and was busy changing quality and safety procedures. Plus, the GS' underwhelming sales in the United States and Europe made for a weak business case against the Mercedes E-class and BMW 5-series.

EPA makes it official--greenhouse gases are pollutants

On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles. The finding is likely to have a greater impact on electric utilities, oil companies and manufacturers than on the auto industry. The EPA's scientific finding reported that these gases “are the primary driver of climate change,” which can intensify heat waves and increase ozone pollution linked to asthma and other respiratory illnesses.

Chrysler sets prices on the 200 sedan, Town & Country minivan

The base model of Chrysler's new 200 sedan will cost $20,745, including destination charges. The top models will come in at $25,245, the company said on Wednesday. The 200 is Chrysler's newest model in the midsize-sedan segment, replacing the Sebring.