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CAFE standards set to rise to 54.5 mpg for 2025

President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.

Like it or not, autonomous cars are here -- almost

One of the odder things about living in "the future" is that things develop so gradually, hardly any of the really amazing things we're exposed to every day seem amazing or futuristic. If the iPhone had just appeared from nowhere in 2007, there would have been riots, demonstrations and legislation. But since we had a Blackberry first, and dedicated cellphones before that, the iPhone and its progeny were never quite shocking.

XCar talks to Chuck (Morgan) about the Morgan AeroMax

Auto enthusiast YouTube channel XCar recently interviewed Charles Morgan, managing director of Morgan Motor Company, about the British car company, its AeroMax coupe and “automotive theater.” Morgan joined the family business in 1985. His father ran the company before him and his father, Henry Frederick Stanley Morgan founded the company in 1910. Morgan says he thinks that the Aeromax -- which happens to be his daily driver -- is one of the most beautiful cars in the world.