Ferrari F40 Dual-ignition Coil on 2040-parts.com

CAFE standards set to rise to 54.5 mpg for 2025

President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.

First details of 2013 Skoda Octavia emerge

More details and images of the 2013 Skoda Octavia have been revealed ahead of its official announcement. The C-segment Octavia will be the fourth model to sit on the MQB platform after the Volkswagen Golf Mk7, Seat Leon and Audi A3. These images suggest the car will offer few surprises – from its familiar corporate grille to the new, sharp-edged, cut-glass inspired surfacing first seen on the Rapid this third-generation Octavia looks set to build on its solid and loyal customer base.

GM turns to its old product meister for a new marketing message

It has taken years of effort--and a swift trip through U.S. Bankruptcy Court--but General Motors is finally close to its goal. It has shed billions of dollars in legacy costs, fixed quality and improved design.