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Autoweek in review: What you might have missed

Longtime Autoweek contributor Patrick C. Paternie passed away at the age of 65. He had just completed a vintage race in his Porsche 911.

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

This is the most fuel-efficient pickup in America

The 2014 diesel-powered Ram 1500 pickup gets 28 mpg on the highway, the top rating for any pickup in the United States. The mileage ratings were announced today on the EPA's www.fueleconomy.gov Web site. The Ram 1500 EcoDiesel is rated at 20 mpg in the city and 23 mpg combined city and highway.