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Amelia Island concours celebrates birthday of fake sports car--46 years early

The fictional Italian grand marque 1958 Pignatelli sports car has joined the lineup for the 2012 Amelia Island Concours d'Elegance. The 17th-annual event will celebrate the cartoon vehicle's 100th anniversary, 46 years early, in March. "Because all but two people involved with the Amelia Island concours will be dead by 2058, we don't want to wait," concours chairman Bill Warner said.

New Mercedes B-Class F-CELL in 2014 – more hydrogen cars planned

Mercedes B-Class F-CELL in use in Southern California Mercedes-Benz are planning to launch a hydrogen powered fuel cell version of the new B Class in 2014, with a larger fuel cell car also planned. The Mercedes B Class F-Cell – an electric car powered by a hydrogen fuel cell to charge the batteries – is already available for lease in Southern California, albeit at a not exactly everyday affordable $849 a month. Admittedly that does include all the hydrogen you can use, but it’s still probably three times what a regular B-Class would cost to lease.

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.