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White House pushes automakers toward 54.5-mpg target by 2025
Tue, 26 Jul 2011The White House is pushing automakers to agree by Wednesday to a corporate average fuel economy target of 54.5 mpg by 2025--a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month. The easing of the White House plan stems from a concession to makers of light trucks and SUVs, and particularly larger vehicles in that segment, such as Ford's F-150, sources said. The latest White House proposal, the most definitive of any it has put forth, calls for a 5 percent annual mileage increase for cars from 2017-2025, said industry and congressional officials who asked not to be named because their discussions with the White House are confidential.
2014 Chevy Corvette appears in Gran Turismo 5
Tue, 13 Nov 2012Information on the seventh-generation Chevy Corvette has been popping up in different places for months. First we saw the front end leaked by a supplier. Then we saw mules testing with C6 bodies.
Design Contest: Ferrari 'New Concepts of the Myth'
Wed, 23 Nov 2005Automotive design students from all over the world gathered in Maranello this week for the award ceremony of the 'Ferrari - New Concepts of the Myth' design competition. The winners were announced and awarded their prizes at Galleria Ferrari, within walking distance of Ferrari headquarters and Ferrari's Fiorano test track. The coveted prizes are six months of exciting and very demanding work at Ferrari and Pininfarina creative centres, under the leadership of Ferrari's Donato Coco (in Maranello) and Pininfarina's Ken Okuyama (in Torino).