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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.

Bentley teases Arnage successor

Bentley is giving a glimpse of its future this morning with a teaser shot of the Arnage successor due out in 2011. Look for a public debut this summer, possibly in concept form at the Pebble Beach concours, where the British luxury maker is one of the featured companies as it marks its 90th anniversary. Details are scarce, though the teaser shows a lengthy hood, a prominent grille and big fenders--hallmarks of the Bentley line.

Caterham to take on Cayman, Evora

With the increased visibility brought to enthusiast-secret Caterham via their Formula One team, it only makes sense to diversify the company's offerings. Though they've diverged from the Seven-only path a couple of times before -- with the limited-production 21 in the mid-'90s and the more recent SP/300.R, a track-only collaboration with Lola -- this time they're taking aim at higher-volume prey. The targets?