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For new CAFE rules, automakers place high-stakes tech bets

Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.

Police BMW crashes into £200k Ferrari on London street

Surely the whole point of owning a bright yellow Ferrari 458 Spider supercar is to get yourself noticed. Well, it didn’t work in this instance. The owner of this £200,000, 198mph roadster will be on the receiving end of a substantial repair bill courtesy of Her Majesty’s Metropolitan police.

Mercedes driven by Moss for sale

A "GULLWING" car that helped motor racing star Sir Stirling Moss win the gruelling Mille Miglia race is to be auctioned. Bonhams is offering the Mercedes-Benz 300SL at a sale at the Mercedes-Benz museum in Stuttgart, Germany, on July 12. Moss and his navigator Denis Jenkinson used the car on a course reconnaissance ahead of the 1,000-mile Mille Miglia race in Italy in 1955.