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Technicon opens new Rüsslesheim studio

The creative arm of global automotive specialist, Technicon Design, has opened a new European studio in Rüsslesheim, Germany. As part of a grand opening late last year, selected clients where invited to view the new center. The new studio takes occupancy in the historic former Opel factory in the heart of the town in the Rhein-Main region of Germany.

Future products: Bugatti replacement has more luxury, fewer horses

Bugatti, Volkswagen Group's exotic sports-car brand, is ending production of its Veyron and will replace it with the tamer but more luxurious Galibier. 16C Galibier: The four-seat sedan is expected to go on sale in 2013 for about $1.5 million. Only 300 will be produced.

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.