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Fiat plans seven vehicles for U.S.

Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance--four with Chrysler brands and three as Fiats or Alfa Romeos. The vehicles will be built at Chrysler plants in North America and sold through select Chrysler, Dodge and Jeep dealerships, according to sources who have seen the product-sharing agreement.

Mandela BMW for sale

A BMW 3 Series signed by Nelson Mandela as one of 10 ‘Democracy Cars’ is up for sale in the UK and expected to fetch £5000 at auction. The unique piece of South African history is for sale on 28 April at the RAF Museum in Hendon, London. Built in 2004, the silver BMW saloon was donated by employees at BMW’s factory in South Africa to mark the election of Mandela as President of the country and his earlier release from prison.

U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.