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Engineers wring 30 mpg on the highway from the 2011 Ford Mustang V6

First Ford got us excited by making some major engine upgrades to the Mustang for 2011--a 305-hp, 3.7-liter V6 and a 412-hp, 5.0-liter V8. Now it's wooing us with fuel economy, too. Ford says the V6-powered Mustang has been certified by the EPA to deliver 30-31 mpg on the highway (depending on the transmission) and 19 mpg in the city.

Saab sale to National Electric Vehicle Sweden confirmed

The sale of a substantial portion of Saab assets to National Electric Vehicle Sweden has been confirmed. It’s taken a very long time, but Saab has finally found a new home in the hands of National Electric Vehicle Sweden, as we reported last week. National Electric Vehicles Sweden has been set up to take over the assets of Saab and is a consortium of Japanese, Swedish and Chinese stakeholders, but it does not get the contentious Saab 9-5 technology that has dogged the sale of Saab so far.

Future products: Mercedes-Benz plans B-class coupe, crossover, sedan

Mercedes-Benz is set to launch a wave of small luxury vehicles in the United States. An all-new C-class coupe will debut next year, followed by three derivatives of the front-wheel-drive B class in 2012 and 2013. "Everyone wants to be Mercedes-Benz," said Ernst Lieb, CEO of Mercedes-Benz USA.