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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.

Classic Camaro, Chevelle and Nova factory documents emerge

If you own a classic Camaro, Chevelle, or Nova, getting a missing piece of history on your car is about to get a little easier. The National Corvette Restorers Society has announced that they will begin selling shipping records for these three models made between 1962 and 1972. That might not seem like a huge date range, but it covers a pretty large sweet spot in terms of these nameplates' popularity and collectibility.

Real UK car sales ‘have halved’ in November 2008

By Tim Pollard Motor Industry 02 December 2008 09:58 The United Kingdom’s car market is in freefall, CAR has learned. Although official registration figures won’t be released until later this week, we can reveal that retail sales slumped by 45% in November 2008. It’s a crucial metric, retail registrations being actual sales to real people – as opposed to bulk-buy fleet deals to businesses (which are also down).