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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.

Porsche 928 to be reborn as Porsche Panamera Coupe

Porsche boss Matthias Mueller has revealed plans for new variants on the Porsche Panamera – including a Panamera Coupe – and more new models. Porsche boss, Matthias Mueller, has confirmed that Porsche are planning to extend the Panamera offerings with a coupe and probably a production version of the very convincing  Panamera Sport Turismo Concept we saw at Geneva in the spring, although nothing has been signed off yet. The most likely time for the Panamera Coupe and Shooting Brake to arrive is after Porsche refresh the Panamera next year, so we should expect a ‘new 928′ to arrive some time in 2014.

Porsche 911 Sport Classic to debut at Frankfurt

Porsche is planning some sports-car candy for the Frankfurt motor show: the limited-edition 911 Sport Classic, which blends styling cues from the brand's storied past with the always intoxicating notion of more power. The 911 Sport Classic will be limited to just 250 copies and will cost about $241,000. Unfortunately, it's not coming to North America.