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2014 BMW M4 Convertible revealed

We’re eagerly anticipating the launch of the new 2014 BMW M3 saloon and M4 Coupe, but before we’ve even driven those cars (we will do soon, though) our attention has been diverted by the announcement of the new 2014 BMW M4 Convertible. Using the same running gear as its hard-topped siblings, the M4 Convertible adds a touch more glamour thanks to that electric folding roof. Perfect for cruising the French Riviera or whizzing round the Nurburgring, it really is quite the car.

Mini and Miles Ahead team up for teen driving school at Indy

Mini has teamed up with new teen driving school Miles Ahead to bring licensed youth to the Indianapolis Motor Speedway and train them to drive properly. Indy 500 veteran Stephan Gregoire founded the effort to combat the high number of crashes, injuries and deaths involving teenage drivers. The chance of a teen crashing in the first three years of driving is 82.9 percent, according to Mini, and a 16-year-old is 20 times more likely to be killed in a crash than an adult.

U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.