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U.S. set to raise fuel-economy standard

Government regulators will get their prize of higher fuel-economy standards, and automakers will get the certainty of a national emissions standard, under new rules to be proposed Tuesday by President Barack Obama. The fleet average fuel economy for automakers will rise to 35.5 mpg in 2016 under the president's proposal--10 mpg more than today's mandate. At the same time, the president's proposed rule will cut carbon emissions, thought to be a key factor in global warming.

Maserati, Alfa Romeo SUVs could use Jeep Grand Cherokee platform

Chrysler and Fiat are exploring additional models, including Maserati and Alfa Romeo SUVs, derived from the new Jeep Grand Cherokee platform, Chrysler CEO Sergio Marchionne said Monday. The Grand Cherokee “architecture has legs. It's important for us to tap all of the hard work that has gone on inside Chrysler on the new Grand Cherokee,” Marchionne said during a conference call to discuss Chrysler's third-quarter earnings.

Eterniti Motors sells first Eterniti Artemis at Beijing auto show

Eterniti Motors, which first showed us the Hemera super SUV concept in Frankfurt, then the production version--called the Artemis--in Beijing, sold its first car at the Chinese show. The company took five orders for the Eterniti Artemis, four in standard specification and one bespoke version. The standard Artemis SUV costs $337,500, converted from British pounds.