New Altima, Fusion challenge Camry and Accord for sales dominance

The Nissan Altima and Ford Fusion have entered the thick of the midsize sedan sales chase -- long a battle mainly between the Toyota Camry and Honda Accord -- leaving the rest of the pack a few laps behind. The also-rans include the Chevrolet Malibu and Hyundai Sonata. A lackluster design has hampered sales of the Malibu, and short supplies have held back the Sonata.

GM lobbyist Ferguson named global head of Cadillac

General Motors has appointed its chief lobbyist to the newly created post of global Cadillac chief, a step aimed at transforming the American luxury brand into a strong worldwide player. Robert Ferguson, 53, who has been GM's vice president of global public policy, becomes vice president of global Cadillac. He reports directly to GM CEO Dan Akerson, the company said today.

Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.