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CAFE standard set at 54.5 mpg by 2025

The final version of the new corporate average fuel economy (CAFE) standard was released today and, as expected, automakers will need to attain a fleet average of 54.5 mpg by 2025. The rules include electric and hybrid vehicles and—as of today—natural gas vehicles. The Environmental Protection Agency and the National Highway Traffic Safety Administration proposed the rules in November, after reaching an agreement with automakers last July.

Bentley EXP 9 F SUV – new photos & video

Following an appearance at Goodwood, Bentley has released new photos and video of the EXP 9 F SUV as its PR salvo continues. Bentley EXP 9 F – the Bentley SUV to be that might be more loved if Bentley gave it a real name – made a static appearance at last weekend’s Goodwood Festival of Speed, following which Bentley has released some new photos and a new video to put their monster SUV back in the news. We did catch sight of the Bentley SUV at Goodwood – although it wasn’t especially high profile as it wasn’t blatting up the hillclimb, unlike Bentley’s other offerings from the new Continental GT Speed to the Bentley Blower – and it looked much the same as it did at Geneva.

Chrysler first-quarter profits down

Chrysler Group said net income fell to $166 million in the first quarter as costs of two large product launches crimped the automaker's seventh consecutive quarterly profit. Profit fell 65 percent from the $473 million posted during the same quarter of 2012, Chrysler said in a statement today. First-quarter revenues dropped 6 percent to $15.4 billion.