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New Lexus ‘F’ teased – looks like the Lexus RC-F is on the way

Looks like the Lexus RC-F Coupe is heading for Detroit With the Detroit Auto Show arriving as soon as we have Christmas and the New Year out of the way, the teases for new cars are going to start flowing. And Lexus are in early with a tease for a new model-F performance coupe. Lexus aren’t saying what the new F-Model will be, but its seems certain to be the Lexus RC-F, a high performance version of the Lexus RC Coupe revealed in Tokyo last month.

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.

BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.