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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.

Who's Where: High-profile re-organization at General Motors

General Motors' design division has been re-organized in a spate of high-profile restructuring that comes into effect on 1 August. In Europe, David Lyon replaces Mark Adams as Vice President of Design for Opel/Vauxhall in Rüsselsheim while Adams moves Stateside to become Executive Director, Global Cadillac and Buick Design. Ken Parkinson, currently Director North American Exterior Design/Global Architecture Strategy and Chevrolet Brand Champion will become Executive Director, Global Chevrolet and GMC Design.

Facelifted Lexus GX 460 gets price cut for 2014

Lexus has just released pricing for its refreshed GX 460 SUV, or LUV as Lexus likes to call it, for Luxury Utility Vehicle. The most noticeable change on the outside is the updated corporate fascia in the form of the Lexus spindle grille, though the freshened GX 460 also gets LED headlights, along with daytime running lights and available LED fog lights. More importantly, the GX 460 will get a $4,710 price cut.