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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.

The Grand National Roadster Show is like church, with chrome trim

You can argue all day about which is the best and most influential hot-rod show in the world, but we'll take the Grand National Roadster Show, which will be held this weekend at the Fairplex in Pomona, Calif. This is the 61st running of what grizzled veterans have simply called "Oakland," after the city that hosted it for its first half-century. This is the seventh year the show has been held in the Art Deco halls and sprawling avenues of the Fairplex, all of which will be under sunny skies and balmy temps all weekend.

Bentley Continental GT V8 pricing revealed

Bentley Continental GT V8 - first idea on prices A leaked price list for the Bentley Continental GT V8 and GTC V8 from Bentley in Berlin reveals prices for the new entry-level GT. Earlier this month we got the reveal of the Bentley Continental GT V8 ahead of its public debut at the 2012 Detroit Motor Show in January. And now we get the first idea of pricing.