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New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.

2012 Mercedes SL Spied

2012 Mercedes SL caught testing When the fifth generation Mercedes SL hit the headlines back in 2002 it was a revelation, offering as it did the best of a coupe and a convertible and a completely bonkers performance version in the SL55. But eight years is a long time in the life of a car – even with a cosmetic facelift in 2008 – and the SL has lost its way as the flagship of the Mercedes range. More powerful cars like the SLS have put the SL in to the shadows, and even its little brother – the Mercedes SLK – is probably more desirable.

Ford shuffles European production

Ford Motor Co. said Tuesday it is realigning its European production in a move that will add two models at the carmaker's Valencia, Spain, factory and an electric version of the Focus at the Saarlouis, Germany, plant. Ford also said the B-Max small wagon will be built in its Craiova, Romania, factory and the plant will add a second, as-yet-unnamed small-segment model.