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Classic Mercedes, Maserati cars win top honors at Amelia Island concours

Noted car collectors Sam and Emily Mann won their fourth Amelia Island Concours d'Elegance Best in Show award with a 1937 Mercedes-Benz 540K Special Roadster (with covered spare). This car is one of only three known to have been built. Originally shipped to the German embassy in Argentina, the Manns have owned the car for about 18 years.

White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.

Toyota's Lentz to say electronics not to blame for acceleration problems

Toyota Motor Sales U.S.A. President James Lentz plans to stick to his guns and tell skeptical lawmakers Tuesday that the company's unwanted acceleration problems do not stem from electronic defects, a copy of his testimony shows. Lentz's reiteration of Toyota's longstanding position suggests that top company executives were unmoved by sharp criticism of that stance Monday by House Energy and Commerce Committee Chairman Henry Waxman.