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For new CAFE rules, automakers place high-stakes tech bets
Tue, 23 Mar 2010Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.
Hollywood muscle: Nicholas Cage to sell Hemi 'Cuda at Arizona auction
Mon, 05 Jan 2009He memorably played a car thief in Gone in Sixty Seconds, but actor Nicholas Cage is offering his 1970 Plymouth Barracuda through legal means: the Hemi hardtop is one of the headliners at Russo and Steele's annual auction in Arizona later this month. Detroit muscle via Hollywood--and it's rare too. Cage's car is No.
Toyota Recall: Toyota UK Video Statement
Thu, 04 Feb 2010UK Toyota boss John Williams talks about the sticky throttle recall. I know, I know. If you don’t have a Toyota you’re bored silly with the endless news.