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For new CAFE rules, automakers place high-stakes tech bets

Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.

Audi A1, Damien Hirst & Elton’s White Tie & Tiara Ball

Sir Elton John, David Furnish and the Damien Hirst decorated Audi A1 (click for bigger image) Elton John hosts a White Tie & Tiara Ball event at his home in Windsor every year, with an auction for charity as part of the event. This year it’s on the 24th June – this Thursday. And it has a very special Audi A1 being auctioned off, courtesy of Audi UK.

Video: Check out new episode of Hagerty Classic Car TV

This week, Hagerty Classic Car TV takes us to the Concours d'LeMons in Monterey, Calif. But before that, we get news featuring the Ford Mustang, John Travolta and Auburn Auction stories. At Monterey, we get to check out the AMCs, Ford Pintos and MGs at the concours, along with a raced-out Ford Probe.