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Opel leaving China, but planning a car for the US

General Motors' Opel is withdrawing from China after several years of declining sales, with the last vehicles slated to be exported from Germany in January 2015. Opel managed to sell only 4,365 cars in China in all of 2013, compared to a staggering 810,000 Buicks, GM's most popular division in China. The lackluster sales and the planned withdrawal from China highlighted the unique demands of the Chinese domestic market, where Buick now offers almost twice the number of models as in the U.S.

VW Golf wins 2013 European Car of the Year

Volkswagen's Golf is the 2013 Car of the Year. Announced at a ceremony on the eve of the Geneva motor show, the seventh-generation Golf scored the most points from the 58 voting jury members, from 22 European countries. Each juror has 25 points to distribute among the eight-strong shortlist, which this year comprised: Peugeot 208Renault ClioFord B-MaxHyundai i30Volkswagen GolfMercedes A-classVolvo V40Subaru BRZ/Toyota GT86 It was a resounding victory for the Golf, which scored 414 points to the second placed BRZ/GT86's 202.

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.