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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.

SAIC merges with Nanjing

By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise?  Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.

Bentley will return to top-level motorsport

Bentley will return to top-level motorsport, new chief executive Wolfgang Durheimer has revealed. Bentley pulled out of racing after its 2001-2003 stint at Le Mans, culminating in an outright win in its last year at the 24-hour race. But Durheimer, who was previously Porsche's R&D chief and who now runs the Volkswagen Group's entire motorsport division, is keen that Bentley will return to the track and revive Crewe's long and storied motorsport history.