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Car-buying confidence hits new high

THE NUMBER of people who believe they will buy a new car in the next three years has jumped to 71%, according to the latest AA Car Purchase Index; up from 55% last year. Of the 19,786 survey respondents who said they were going to buy a new car, 42% said they would choose a petrol engine, with 38% saying definitely diesel. A further 13% don’t know what fuel type they will opt for, but 7% will choose some kind of hybrid and 1% will go fully electric – a total of exactly 100 respondents.

Club members get first choice for collector's-edition Fiat 500

Attendees of this year's Club Fiat-Lancia Unlimited national convention--also known as the "Fiat Freak Out"--were rewarded for their devotion to the Italian automaker. During the convention's closing dinner, the Fiat fans were given first dibs on the Fiat Cinquecento Prima Edizione, a collector's edition of the U.S.-bound Fiat 500. Only 500 Prima Edizione models will be sold in the United States.

Hyundai, Kia retract mileage claims

Hyundai and Kia overstated the estimated fuel economy on more than 900,000 U.S. vehicles sold over the past two years and will compensate owners for the faulty claims, a newspaper reported. In addition, the South Korean partners will lower the fuel-economy estimates on most of their 2012 and 2013 models, the Detroit News said.