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For new CAFE rules, automakers place high-stakes tech bets

Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.

Supermarkets cut petrol prices

MOTORISTS have received some late-autumn cheer in the form of supermarket cuts to the price of petrol. Asda, Morrisons, Sainsbury's and Tesco all announced that reductions would take effect from today. Asda said that no one filling up at its forecourts would pay more than 126.7p a litre for petrol from today , with diesel priced at 133.7p.

GM opens on Ebay

GM launches on Ebay today But GM is back as ‘New GM’, thanks to the US taxpayer. With a clean sheet and a desire to prove it’s fit to be a 21st century car maker, and is looking for new ways to shift its metal. And it’s decided that the world’s biggest boot sale is the way to go.