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Thinkstock/Next Avenue

As the last of the boomers begin to hit a milestone birthday in January, we offer 50 tips for turning 50. Watch for our series each day this week, covering money, relationships, health, work and caregiving.

Here are 10 money tips for anyone turning 50 in 2014 (and those who are already in 50s):

1. Find out how you stack up against others your age. This will help you see if you’re on track, behind your peers or â€" lucky you! â€" ahead of the pack.

Check out the article: “Next Avenue Money Scorecard: How Do You Rate?” Also, go to Flexcore.com to find your personal finance Flexscore (details are in “4 New Online Money Management Tools Worth a Try.”)

2. Take advantage of the “catch-up” rules that let you save more for retirement and reduce taxes once you hit 50. Under these rules, you’re allowed to invest $1,000 more in a traditional or Roth IRA than younger folks â€" up to $6,500 for 2013 and 2014. Similarly, people 50 and older can put an additional $5,500 in their 401(k) or similar employer-sponsored retirement plans in 2013 and 2014, for a maximum annual contribution of $23,000.

See “And Now, a Cheery View of Women and Retirement.”

(MORE: The Best Way to Grow Your Retirement Portfolio after 45)

3. Reconsider your need for life insurance. As Next Avenue blogger Kerry Hannon wrote in “Do Women Over 50 Need Life Insurance?” (the advice is applicable to men, too), once you’re in your 50s, you may no longer require the coverage to protect your family that you once did.

For instance, you may have accumulated enough assets and income streams to make the insurance unnecessary. Or your children may now be self-sufficient adults who no longer need the money that death benefits would provide.

4. Exploit your age to score savings on homeowner’s and auto insurance. You could lower your premiums because of your loyalty to your insurer or your job tenure.

See “Car Insurance and Homeowner’s Discounts” for specifics.

(MORE: Cut the Cost of Going Back to College)

5. Get real about the potential costs of health care and long-term care in retirement. You can now probably envision when and how you hope to retire, so it’s a good time to begin planning for these expenses.

Americans 50 and older underestimate the annual costs of long-term care by more than three times the actual expense, according to a recent Nationwide survey. By 2030, the year the youngest boomers will retire, the cost of a nursing home will reach $265,000 a year, according to Nationwide.

For planning advice, see “Women: Get Real About Retirement Health Costs.” (Here again, the tips are useful for men, too.)

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Philippine Daily Inquirer

As soon as the air takes on a chilly nip, the radio plays Christmas songs and the streets explode with colorful lights, you know that the holiday season is just around the corner. By this time, we say goodbye to typhoons (although a couple might try to sneak through) and expect good cool weather until January of next year.

What doesn’t leave, however, is dengue which has now become a year-round issue. Falling ill with the infection amid the merriment of the season is not only a depressing thought but a real concern, since most of us will be exposed outdoors more than the usual. Fortunately, we can arm ourselves with a handful of precautions against dengue-lamok. Here’s a list of precautions we can arm ourselves with.

1. Click and know the dengue status of the place you’re visiting. The Department of Science and Technology has put up a website called Dengue Vector Surveillance that helps you keep track of dengue incidence in a particular city. Visit http://oltrap.pchrd.dost.gov.ph and you will see a search panel where you can input the time frame, the region and the city you wish to visit. The site also lists the schools where cases of dengue have been reported. A red marker on the place signals an alert level, which means that you have to take extra precautions if you still intend to push through with your trip.


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Tags: Business , christmas , dengue , Health

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This post comes from Rob Berger at partner site Credit.com.

Credit.com on MSN MoneyMost of us tend to like cut-and-dried answers to our financial questions. How much house can I afford? There’s a rule of thumb for that. From the order you pay off your debt to the amount you should withdraw in retirement, there are a number of financial guidelines available to help you make better financial decisions.

Crystal ball © Randy Allbritton, Getty ImagesThe problem with rules of thumb, though, is that they don’t ring true for every situation. Personal finance is, of course, personal. This means that, while a rule of thumb is a good starting point, it isn’t the final word for your finances.

With that in mind, here are five financial rules of thumb that can lead you astray if you follow them blindly.

1. Pay off your smallest debt first

Paying off consumer debt is one of the first steps toward financial freedom. It’s also one of the hardest. For those getting out of a debt, a common question is which debt should be tackled first. The rule of thumb often cited is to start with your smallest debt first.

The rationale behind the smallest-debt-first approach is one of motivation. By quickly paying off a small debt in full, many find they are motivated to continue their climb out of debt. As important as motivation is, however, it’s not the entire story.

The problem with this approach is that you could end up paying more money in interest over time. Your smallest debt might not have the highest interest rate. As a result, some could find themselves working on their smallest debt first, all the while paying more interest on larger debts.

Mathematically, it makes more sense to start with the debt with the highest interest rate. By tackling high-rate debt first, one can get out of debt faster and with less interest charges. For those who really need the psychological pick-me-up of getting rid of the smallest debt first, though, any debt reduction plan is better than nothing.

2. Withdraw 4 percent a year during retirement

How much can one withdraw from savings each year in retirement without the fear of running out of money?  What is an extremely complicated question is often answered with the 4 percent rule. This common rule of thumb tells us to withdraw 4 percent of our money in the first year of retirement, and then increase the withdrawal amount each year by the rate of inflation. The thinking is that if your portfolio has annualized returns of 7 percent and inflation averages 3 percent annually, you’ll be able to live on 4 percent and reinvest the remaining amount to keep up with rising prices.

The problem with this rule of thumb is that a large stock market event near the beginning of your retirement can wipe out a lot of value. If you withdraw at a rate of 4 percent during such a time, you could easily dip into your capital, lowering your returns overall, and resulting in the possibility that you will run out of money before you run out of retirement years.

Instead of relying on this rule of thumb, it’s important to check conditions, and determine whether it makes more sense to withdraw a little less, or put off withdrawing (if you can) until the market recovers.

3. Stocks return 10 percent annually

One rule of thumb that continues to persist is the idea that stocks return 10 percent annually. While this has been true for some periods, the reality is that your stocks -- even if you invest in index funds -- probably won’t return that in “real” terms. From 1926 to 2012, the total annualized real return (after inflation) for the S&P 500 (including capital gains and reinvested dividends, and accounting for inflation) was less than 7 percent.

4. An 'affordable' mortgage payment is 30 percent of your income

When deciding how much mortgage you can afford, many experts cite the 30 percent rule. If you can keep your mortgage payment to 30 percent of your monthly income, you should be able to afford the house you are contemplating.

There are several potential problems with this rule. First, it focuses on qualifying for a mortgage.  The better consideration is what potential homebuyers can comfortably afford -- not what they can theoretically obtain. Second, it doesn’t account for other debt consumers may have. The mortgage process will look at all debt, not just the home loan. Finally, it can lead some borrowers to obtain mortgage products, such as interest-only or variable rate loans, that are not in their best interest.

The key is to buy a home with a payment that you are comfortable with, not one that merely conforms to a rule of thumb.

5. Buy a used car, not new

Finally, one of the common rules of thumb is to avoid buying a new car. The theory is that the depreciation on a new car once you drive it off the lot is significant, suggesting that a used car is a better deal. While a used car may indeed be a good deal depending on the circumstances, it isn’t always.

This rule of thumb doesn’t take into account, for example, the repair costs you might pay on a used car. It also doesn’t consider costs related to fuel efficiency or insurance. Most importantly, it misses arguably the most important factor when it comes to the cost of owning a car -- how long you keep it. Buying a new car and keeping it for 10 years will be a better deal than buying a “new” used car every three years.

Rules of thumb can provide you with guidance as you work out how to best organize your finances. However, it’s important to take a step back and evaluate your situation. Chances are that you are better off tweaking the rule to fit your specific circumstances.

More from Credit.com:

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1937 Delahaye 135 Competition Court Roadster by Figoni et Falaschi

Malcolm S. Pray Jr was a known entity in the American automotive scene. He owned the largest Audi and Saab dealership in America, presided over several dealer councils and had a considerable classic car collection. Sadly, Pray passed away this past August, and his family has consigned 17 of his beloved cars to RM Auctions - most notable among them this beautiful Delahaye roadster.

With coachwork by Figoni et Falaschi, this 1937 Delahaye 135 Competition Court Roadster was termed by Pray's wife Natalie as "Malcolm's French Mistress" and it's not hard to see how he could have fallen to its charms. The Parisian coachbuilder had famous French illustrator Géo Ham design the Art Deco bodywork, completed in two-tone navy and ivory over a deep red interior.

It'll be joined on the auction block at Amelia Island by sixteen other classics from the Pray Collection, including a 1961 Ferrari 250 GT Series II Cabriolet and a 1957 BMW 507. RM isn't saying how much it expects these classics to fetch when the gavel drops on the Floridian isle come March, but as far as the Delahaye goes, there are few things we wouldn't give to own a piece of rolling artwork like this.

ESTEEMED PRAY COLLECTION TO HEADLINE RM'S 16TH ANNUAL AMELIA ISLAND SALE
Amelia Island

- RM Auctions announces exceptional estate collection of Malcolm S. Pray Jr. for its 16th annual Amelia Island sale, March 8
- Renowned businessman and philanthropist's collection features no less than 17 automobiles, headlined by a 1937 Delahaye 135 Competition Court Roadster by Figoni et Falaschi that he owned for half a century
- Held in conjunction with the famed Amelia Island Concours d'Elegance, RM's well-established single-day sale will feature a roster of more than 80 blue-chip motor cars
- A frequently updated list of consignments for RM's Amelia Island sale is available online at www.rmauctions.com

BLENHEIM, Ontario (December 18, 2013) â€" RM Auctions is delighted to announce the consignment of the esteemed Pray Collection to its Amelia Island, Florida sale, March 8 at the beautiful Ritz-Carlton.

Malcolm Pray always considered the Amelia Island Concours d'Elegance to be a highlight of his year, enjoying all that the unique setting had to offer from an auction to a concours to a joyful reunion with friends on the green. With his passing in August 2013, the Pray family has entrusted RM Auctions with the sale of no less than 17 of Malcolm's vehicles to be offered at RM's Amelia Island sale.

"Malcolm has been a part of the RM family for over 20 years and our entire team is honored to present a selection of his beloved cars on behalf of the Pray family," says Gord Duff, Car Specialist, RM Auctions.

Malcolm S. Pray Jr. grew up in Greenwich, Connecticut, and after college and service in the Air Force ending in 1955, quickly became renowned in the automotive industry at large. Malcolm was not only the largest Audi and Saab dealer in the United States but was President of the American International Automotive Dealers Association and President of both the Porsche-Audi, and Volkswagen Dealer Councils. In 1970, he was recognized by Time Magazine with the Time Quality Dealer Award. Mr. Pray was also an award-winning member of many civic, charitable, and political organizations and in 1986, after the tragic loss of his only son, he raised the funds to build the Malcolm S. Pray III Memorial Building at the Ernest Thompson Seton Scout Reservation in Greenwich. He has also raised over $2 million through the Friends of Scouting campaign that he initiated nine years ago. Malcolm's automobile museum in Banksville, New York, is also the home of the Pray Achievement Center, an organization he founded to mentor and motivate young people to achieve their life goals, inspiring over 8,000 youth since its establishment in 2001. Proceeds from the sale of Malcolm's automobiles will benefit The Pray Achievement Center where his daughter Sabrina will work with the foundation to help continue the important work begun by her father.

The jewel of the Pray Collection is an extremely rare 1937 Delahaye 135 Competition Court Roadster by Figoni et Falaschi, chassis 48667. Perfectly matched to the Concours' focus on celebrating exceptional design, the car termed as "Malcolm's French Mistress" by his wife Natalie, is one of just two surviving 135 Competition Court Roadsters bodied by the innovative Parisian firm and designed by prominent French painter and illustrator Géo Ham. Like many of the cars in the collection, the striking Delahaye comes out of long-term, passionate ownership by Mr. Pray, who purchased the car in 1964 and lovingly retained, showed and rallied it for nearly half a century.

"RM's sale held at the Amelia Island Concours, two events that Malcolm has attended since their inception, is the perfect setting to offer such important cars that he enjoyed for so long," adds Duff. "We're thrilled to see that the sale of his collection will continue to support Malcolm's dedicated philanthropy, just as he would've wanted."

Further highlights offered from the Pray Collection, which represents an array of both American and European marques, include: a stunning 1961 Ferrari 250 GT Series II Cabriolet by Pinin Farina, chassis 2093GT, which has been a part of the collection since 1969 and is complete with its original engine and factory hardtop; along with a 1957 BMW 507 Series II Roadster, chassis 70156, owned by Malcolm since 1972 and featuring a factory hardtop and rare rudge wheels.

As the official auction house of the famed Amelia Island Concours d'Elegance, RM's Amelia Island sale will feature a magnificent selection of more than 80 handpicked automobiles, with an emphasis on important and historic sports and racing cars along with elegant coachbuilt classics. Full events details, including a frequently updated list of consignments, are available online at www.rmauctions.com or by calling toll free at 1 800 211 4371 (+1 519 352 4575 outside North America).

For those unable to attend the event in person, RM offers a broad range of remote bidding options, including Internet, absentee, and telephone bidding, and the auction will stream live online at www.rmauctions.com to provide real-time coverage of the sale.

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Ally Financial logoAlly Financial has agreed to pay a $98-million fine to settle an investigation into unfair lending practices overseen by the Justice Department and the Consumer Financial Protection Bureau (CFPB). In an investigation of lending practices in the year after April 2011, the government agencies determined that Ally Financial and Ally Bank charged roughly 235,000 Asian/Pacific Islander, Black and Hispanic borrowers higher interest rates than their credit profiles warranted and higher rates than whites were charged in equivalent situations. The result was that those borrowers paid $200 to $300 more in total interest for the loan.

The practice of "dealer markups" is accepted in the industry, whereby dealers can apply a surcharge of in order to arrange a loan through a bank and they aren't required to notify anyone that they've applied that surcharge. Ally, for instance, caps the dealer markup at 2.5 percent, but a 2011 study by the Center for Responsible Lending found that the average markup is 2.5 percent. The National Automobile Dealers Association counters that the average rates are between 0.7 and 1.0 percent.

The CFPB apparently also determined that the dealers and Ally divvied up the extra interest payments. Since Ally's paperwork doesn't require a dealer to notify it of race or ethnicity and dealers don't need to make note of the surcharge, the CFPB deemed that the discrimination was not deliberate on Ally's part.

The lack of specifics and publicly available information in a loan agreement like markups, race, ethnicity and the rates offered by the bank meant that the CFPB had to employ a social science technique that uses statistical analysis of surnames to determine race. The National Automobile Dealers Association denied the allegations entirely and issued a statement questioning the methodology used by the CFPB.

The fine breaks down into $80 million in payments to affected consumers who will be notified by the CFPB and an $18-million penalty to the agency. The CFPB is expressly forbidden from investigating dealers, which is why the fine rests on Ally. It is the largest settlement over discriminatory practices in auto lending, a financial market that is doing almost $100 billion in business.

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Cannes -

Call us optimistic, but it seems that a golden age of racing movies could be upon us once again. After classics like Le Mans and Grand Prix gave way to cheeseballs like Days of Thunder and Driven, the past few years have given us the epic documentary Senna and the recent blockbuster Rush. And the next great racing movie could be speeding around the corner.

That movie is called Go Like Hell, a film adaptation of the AJ Baime book about the epic showdown between Ford and Ferrari at Le Mans in the 1960s. Just a couple of months ago we brought you news that Tom Cruise had signed on to play Carroll Shelby, and now the buzz on the streets of Hollywood has it that Brad Pitt has signed on as well.

Just what roll Pitt would play in the movie remains to be seen, but he was reportedly first approached about the project when Michael Mann was in the director's chair. Now that Oblivion director Joseph Kosinki has taken over, Pitt has reportedly signed on the dotted line.

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Brabus 850 6.0 Biturbo Wagon

Generally speaking, the Mercedes-Benz E63 AMG S Wagon is no slouch. It's considerably more sporting than some full-blown sports cars, all while being able to haul the kids to soccer practice or make a quick trip to the grocery store. What if you want more, though? Well, if the E63's 577 horsepower and 590 pound-feet of torque aren't enough to sate your appetite for power, the team from Brabus is just a phone call away, and now the German tuning house has turned its hand to the E63 Wagon.

This might be the only 838-horsepower, 848-pound-foot car to be disappointing, although that's merely because its sedan counterpart comes to market with 850 horsepower and 1,069 lb-ft of torque. Despite these lower power figures, though, Brabus is claiming that the 850 6.0 Wagon is actually faster to 62 than the Sedan - 3.1 seconds in the long-roof and 3.5 in the four-door. Top speed is limited to 186 miles per hour.

All the extra fury is thanks to a bored-out version of the E63's 5.5-liter, biturbocharged V8. Now displacing 5.9 liters, it's been fitted with heavily revised internals and sports (naturally) larger turbochargers. Brabus tells Evo that the lower power output of the Wagon is all in the name of engine life, but if it's really faster to 60, we can't imagine owners will be all that bothered. We've got a fairly hefty gallery of images of this long-roof rocket up top, so scroll up and let us know what you think.

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Esteban Gutierrez

As we put the 2013 Formula One World Championship behind us and gear up for next season, the final seats left vacant have been rapidly filling up. And the latest to confirm its driver lineup is Sauber.

The Swiss team, formerly owned by BMW, announced it was bringing Adrian Sutil on board last week, and was thought to be bringing in Russian rookie Sergey Sirotkin to partner with the senior German pilot. But instead they have named Sirotkin as their reserve/test driver, and kept Mexican driver Esteban Gutierrez in the race seat for at least one more season. We would not, however, be surprised to see Sauber promote Sirotkin for a one-off drive in the inaugural Russian Grand Prix next season.

A former GP3 champion, Gutierrez served as Sauber's test driver in 2012. He was promoted to the race seat for this past season, scoring a best finish of seventh place at the 2013 Japanese Grand Prix and finishing ahead in the standings of all the rookies on the grid. He carries with him the much-needed sponsorship money from Mexican telecom giant Telmex, which will continue to sponsor the team. Scroll down for the trio of announcements below.

Sauber F1 Team and Telmex continue their partnership

21.12.2013 - Hinwil, 21st December 2013 - The Sauber F1 Team is pleased to announce it will continue its partnership with Telmex. It will stay Premium Partner with the logo of the Mexican telecommunications company continuing to have a significant presence on the cars.

Carlos Slim Domit, Telmex Chairman:
"We at Telmex and Telcel are very proud to continue being part of the Sauber F1 Team to keep consolidating our succesful history in motorsport, particularly in Formula One and our driver development programme for Mexican and Latin drivers such as Esteban Gutiérrez, a great young talent, friend and human being."

Monisha Kaltenborn, Team Principal:
"We are proud that three years ago Telmex chose the Sauber F1 Team to enter Formula One with, and that our partnership has been an instant success. We are very pleased to be able to continue the good cooperation, and think this is also a very good fit looking at a possible Grand Prix in Mexico. Telmex has been involved on different levels of motorsport for a number of years in various categories. We are pleased to be able to contribute to its vision on the top level of motorsports, and we are looking forward to further develop and strengthen our partnership with the corporation."

Telmex is a corporation made up of Teléfonos de México, S.A.B. de C.V. and subsidiaries that provide telecommunications services in Mexico. The company's service coverage comprises the operation of the nation's most complete local and long-distance networks. Additionally, Telmex offers services like connectivity, Internet access, co-location, web hosting and interconnection services to other telecommunications operators.

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Esteban Gutiérrez completes the Sauber F1 Team driver line-up for 2014

21.12.2013 - Hinwil, 21st December 2013 - The Sauber F1 Team is pleased to announce that Esteban Gutiérrez will stay on for the 2014 season, completing the driver line-up together with Adrian Sutil.

The Mexican first tested with the team at Jerez in late 2009. The following year the talented youngster was signed as 'affiliated driver', and 2013 saw him in his debut season as a Formula One driver finishing 16th as the best rookie in the drivers' championship.

Monisha Kaltenborn, Team Principal:
"We are pleased Esteban will drive for us in 2014, because we believe he is a talented young racing driver. Last season he experienced first hand how hard it can be for a rookie to step into Formula One. Nevertheless, throughout the season he improved significantly in qualifying as well as in the races and finished the year as the best rookie in the drivers' championship. Often the results didn't fully reflect his performances. I am confident Esteban will be able to use his experiences to gain results, and this will be helped by the fact he is very well acquainted with every member of the race team."

Esteban Gutiérrez:
"I am happy to be able to continue as a driver for the Sauber F1 Team. It was a steep learning curve last season, but by working closely with the team I was able to improve continuously. It will be my fourth year with the team, the second as a racing driver, and I feel comfortable in taking the next step. The technical challenges in 2014 will be massive. Therefore it will be even more important to know well the people you are working with. I will do my very best to improve even more and support the team the best way I can."

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Sergey Sirotkin becomes test driver for the Sauber F1 Team

21.12.2013 - Hinwil, 21st December 2013 â€" The Sauber F1 Team is pleased to announce Sergey Sirotkin as its test driver for the 2014 season.

Sergey joined the team in August 2013 and has been gaining more and more insight into Formula One since then. He has spent several days at the factory in Hinwil and has been working with the engineers. In late September he drove a demo-run at the new track in Sochi, which will host the Russian Grand Prix in 2014. In October he tested a 2009 Ferrari at Fiorano. The Sauber F1 Team's aim is to prepare Sergey for his debut in Formula One.

Monisha Kaltenborn, Team Principal:
"We have been working with Sergey since August, and he has been able to gain more and more insight into Formula One. Now he is taking the next step towards the top level of motorsport in his new role as a test driver. Our experience of him is as a very focused, calm and talented driver. Now we will continue to support him, including obtaining his super license. Our goal remains to prepare him for a debut in Formula One."

Sergey Sirotkin:
"It's a big chance for me to become the test driver for the Sauber F1 Team. I will work hard to improve myself and to extract the maximum out of this opportunity. Formula One is very complex, so it is important to get an opportunity like this. My main focus next year, however, will be the World Series by Renault, which is very competitive. This will give me the chance to prepare even better in order to be ready for the next big step."

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Honda N-One

We get very excited here at Autoblog when someone brings up a rare car from the Japanese domestic market, even if they are distantly related to cars we can buy in the US, like the Toyota Crown Royal Saloon Hybrid our own Sebastian Blanco tested last month. But while we think often about JDM cars, the reality is that the market is far different than what we imagine. It's largely made up of tiny, 660-cc kei cars that are ultra affordable and sip fuel.

A recent story by The Wall Street Journal (it's behind a pay wall) attempts to analyze the JDM, and see what disadvantages the country's obsession with kei cars create for its manufacturers and for foreign brands that are attempting to make headway in the world's third-largest market.

"The Japanese market is Galápagos. You can test things in Japan. But even if it turns out to be an attractive product in Japan, it would be hard to make it a universal and global product," Shigeru Shoji, CEO of Volkswagen Japan told the WSJ. The Galápagos reference is an apt description of the market, as it's isolated and has developed very differently from other markets. Japanese buyers want their kei cars, but not just for emotional reasons.

Fuel is pricey - the WSJ specifically calls out some of the kei cars that can net Toyota Prius levels of fuel economy for half the price - and there are tax benefits to owning a smaller car. Coupled with the devotion towards kei cars, it's these so-called non-tariff barriers that led General Motors, Ford and Chrysler to skip the Tokyo Motor Show for the third year running, with the head of GM Japan telling the WSJ it didn't make economic sense considering how few cars GM sells in the market. "Japan is a unique market. For those operating globally, that could present a barrier," GM's managing director, Sumito Ishii, said.

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Bose logo and the NXP SA775X chip for noise cancellation

In 2012, NXP Semiconductor released the SAF775x chip that was the first multi-tuner RFCMOS (radio frequency complementary metalâ€"oxideâ€"semiconductor) single chip embedded with AM, FM and DAB tuners. That story for non-techies is that it could do with one chip what had been previously been done with two, and it also allowed customers - in this case carmakers - "to program their own features, or to run those of third-party software vendors."

Bose noise cancellation is now one of the features that can be placed on the chip. This news means that cars that don't offer Bose systems can take advantage of the technology, although the automaker would still need to fit microphones that capture cabin noise and send the signal to the processor.

You'll find a press release below with more information.

Bose® Active Sound Management Software for Noise Cancellation in Cars Now Available on Chip from NXP Semiconductors

FRAMINGHAM, Mass., December 17, 2013 --(BUSINESS WIRE)--Today, Bose announced it will offer its industry-leading noise-management capabilities to auto manufacturers as a software solution integrated on a chip from NXP Semiconductors N.V. Through an engineering collaboration with NXP, vehicles without Bose® speakers and amplifiers can now use Bose Active Sound Management technology to cancel unwanted engine and powertrain noise in a car's cabin. The Bose software solution will operate in any vehicle using a head unit equipped with NXP's SAF775x car radio integrated circuit, and any sound system that performs in the frequency range necessary for active noise cancellation.

The Bose/NXP solution provides an easy, efficient approach for controlling engine and powertrain noise by using existing sound system designs and eliminating the weight and cost of traditional noise management. The Bose noise-cancellation software is customizable; Bose engineers will tune it to the manufacturer's requirements, providing comprehensive, scalable support for the technology during vehicle development, pre-production and post-production.

"Bose is an industry leader in Active Sound Management technology, helping car makers efficiently control the way their vehicles sound inside the cabin," said Marc Mansell, general manager of the Bose Automotive Systems Division. "Now, we can offer that capability to new customers in a new way -- on a chip -- making our proven expertise even more accessible."

"The new SAF775x family of car radio and audio one-chips opens up a new field of audio applications," said Torsten Lehmann, senior vice president and general manager, car entertainment solutions, NXP Semiconductors. "We're proud to bring the benefits of Bose noise management to our broad base of automotive customers and further strengthen our No. 1 position in the automotive infotainment semiconductor market."

Solving Noise-Related Challenges
Many of today's cars have a variety of systems and components, including high-performance and high-efficiency powertrains that produce unfamiliar and unpleasant sounds. To address this, automotive engineers need to create solutions that will refine the sound in the cabin. But this adds time and cost to the development cycle.

Bose developed Active Sound Management technology as an alternate approach, drawing from more than 30 years of research in automotive acoustics and noise cancelling for aviation, military and consumer applications. Unlike conventional noise-management systems that rely on mechanical solutions, Bose Active Sound Management uses proprietary signal processing algorithms to replace heavy, space-consuming parts, such as acoustic insulation, mass dampers and active exhaust valves.

But until now, Active Sound Management was only available in cars with Bose sound system hardware, including models from Buick, Cadillac, Chevrolet and Infiniti. The Bose/NXP solution extends the technology capabilities to a wider range of car makers and models.

Targeted Noise Cancellation
Bose Active Sound Management targets a narrow band of low-frequency engine sounds in zones throughout the cabin.

Using information from cabin-mounted microphones and engine information from the vehicle's data bus communication system, a Bose algorithm continuously monitors and measures noise, and sends acoustically opposite sound signals through the vehicle's speakers to cancel targeted noise. The system is programmed specifically for each vehicle, responding only when needed.

For more information about Bose Active Sound Management solutions, visit Bose.com/ASM.

About Bose Automotive Systems
In the early 1980s, Bose engineers created the world's first factory-installed premium sound systems for General Motors luxury automobiles. Unlike conventional or aftermarket automotive systems, these Bose systems were specifically designed and tuned for the particular model in which they were installed, and helped transform the automobile from a hostile listening environment into a haven for music enjoyment.

Since then, Bose has developed proprietary speaker designs, advanced amplification and signal processing technologies, exclusive analysis and design tools, and technology for managing engine and powertrain sounds inside vehicles, all based on a heritage of research and engineering. And in 2013, Bose celebrates an important milestone as the only audio company to deliver 30 years of continuous innovation for auto manufacturers worldwide.

Today, Bose automotive sound systems are recognized globally as the industry benchmark for performance and customer satisfaction.

About Bose Corporation
Bose Corporation was founded in 1964 by Dr. Amar G. Bose, then a professor of electrical engineering at the Massachusetts Institute of Technology. Today, the company is driven by its founding principles, investing in long-term research with one fundamental goal: to develop new technologies with real customer benefits. Bose innovations have spanned decades and industries, creating and transforming categories in audio and beyond. Bose products for the home, in the car, on the go and in public spaces have become iconic. From the company's home entertainment systems and Wave® music systems, to noise cancelling and audio headphones, digital music systems, Bluetooth® speakers and professional solutions, Bose has changed the way people listen to music.

Bose Corporation is privately held. The company's spirit of invention, passion for excellence, and commitment to extraordinary customer experiences can be found around the world -- everywhere Bose does business.

The Bluetooth® word mark is a registered trademark owned by Bluetooth SIG, Inc. and any use of such mark by Bose Corporation is under license.

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tesla model s

Fire investigators don't think the latest fire involving a Tesla Model S can be counted as "Battery Fire No. 4." Their initial findings say the incident, which happened in a Southern California garage last month, was not caused by the car.

"Our inspection of the car and the battery made clear that neither were the source" - Tesla

The fire, which happened in Irvine, CA, on November 15, may instead have been caused by an overheated wall charging system. "The cable was fine on the vehicle side; the damage was on the wall side. Our inspection of the car and the battery made clear that neither were the source" of the fire, Tesla said in a statement that cited the report by the Orange County Fire Authority. The OCFA is finished with its investigation and will leave it to Tesla and insurance companies to determine the actual cause of the fire. Fire damage to the wall socket makes it tough to determine with it was caused by faulty wiring, OCFA spokesman Steve Concialdi told Bloomberg.

Big data is once again helping Tesla defend its stance. The automaker says it reviewed the data log that records the car's charging cycles and found them to be normal, with no fluctuations or malfunctions within the battery or charge electronics.

Given the findings, the National Highway Traffic Safety Administration may be able to stay focused on investigating the other three Model S fires that happened during the fall. In two of those fires, the Model S hit metal debris on the road, which then flew up and punctured the battery. No serious injuries were reported. Tesla has updated the Model S' suspension software for safer ground clearance at highway speeds to avoid a third incident like it.

Despite being just three of hundreds of thousands of car fires every year, Tesla Motors' stocks have dropped 25 percent in value since the fires started. They reached a peak at $193.37 this year but then fell to around $121. The closed at $140.72 yesterday so, while it's not roaring like it was earlier in 2013, the cost of a TSLA doesn't seem to be flattening out.

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2015 Hyundai Genesis Sedan

2014 Hyundai ElantraHyundai was easily one of the top overall advertisers in last year's Super Bowl with five commercials that aired during the game. Now, Hyundai is back for its seventh consecutive year with confirmed spots for Super Bowl XLVIII. The two 30-second ads titled Dad's Sixth Sense and Nice will, respectively, highlight the all-new 2015 Hyundai Genesis Sedan and the recently updated 2014 Elantra.

The Genesis Sedan commercial will air during the first quarter of The Big Game in a more dramatic fashion touting the new sedan's Automatic Emergency Braking feature, while the Elantra ad will be a humorous spot using a celebrity comedian to show off the refreshed Elantra, which includes the all-new Sport model (shown at right). Scroll down for Hyundai's official press release for its upcoming commercials set to air during the game on February 2.

HYUNDAI KICKS OFF ITS SUPER BOWL XLVIII ADVERTISING BLITZ WITH TWO NEW ADS
Elantra and All-New Genesis Spotlighted as Super Bowl Advertising Veteran Illustrates Performance, Style and Safety with Humor and Strong Family Bonds

COSTA MESA, Calif., December 16, 2013 â€" In its seventh consecutive year as a Super Bowl advertiser, Hyundai enters the Big Game fray with two game-day ads during the first and fourth quarters of Super Bowl XLVIII on February 2, 2014.

The ads use clever interpretations of real life moments to position a Hyundai as the ultimate driving companion and trusted family member. One spot, leveraging the talent of a celebrity comedian, continues Hyundai's longstanding tradition of using humor to highlight vehicle performance and function. The second spot illustrates the close connection of family. Creative was developed by Hyundai's agency of record, INNOCEAN USA.

Hyundai will open its Super Bowl advertising showcase with a 30-second spot titled "Dad's Sixth Sense," during the first quarter. In a sketch that any dad can relate to, the spot dramatizes the near-misses and saves of everyday parenting, giving a dramatic demonstration of the all-new Genesis and its Automatic Emergency Braking capabilities â€" one of the many features included in Genesis' comprehensive suite of safety services, the Sensory Surround Safety System.

"Nice," a 30-second in-game spot running in the fourth quarter, is inspired and made possible by the new sporty, compact Elantra. The humorous spot follows a young comedic talent in an escalating game of compliments between two identical Elantras, effectively showcasing the innovative performance, style and technology features of Hyundai's new compact sedan.

"Cars have become more than just a means of transportation â€" they play an active role in many parts of our lives," said Steve Shannon, vice president of Marketing, Hyundai Motor America. "Our creative campaign this year highlights how Hyundai continues to be 'there for you' and your family. Whether it's safely reacting to unexpected surprises on the road in the premium Genesis or dialing up the fun in an Elantra, Hyundai is an ideal driving companion."

"Each year we challenge ourselves to come up with a new, inspiring way to showcase Hyundai during the biggest TV event of the year, while staying true to our audience and what's most relevant to them," said Greg Braun, Executive Creative Director, INNOCEAN USA. "This year we were able to take two different approaches to our spots â€" from fun and comedic, to endearing and sentimental â€" while still focusing on the essence of Hyundai. Our focus always has been how the Hyundai vehicle inspires and enables our consumer â€" whether you're a first-time car owner or looking to upgrade into your first true premium car."

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Most of us tend to like cut-and-dry answers to our financial questions. How much house can I afford? There’s a rule of thumb for that. From the order you pay off your debt to the amount you should withdraw in retirement, there are a number of financial guidelines available to help you make better financial decisions.

The problem with rules of thumb, though, is that they don’t always ring true for every situation. Personal finance is, of course, personal. This means that, while a rule of thumb is a good starting point, it isn’t the final word for your finances.

With that in mind, here are five financial rules of thumb that can lead you astray if you follow them blindly.

1. Pay Off Your Smallest Debt First

Paying off consumer debt is one of the first steps toward financial freedom. It’s also one of the hardest. For those getting out of a debt, a common question is which debt should be tackled first. The rule of thumb often cited is to start with your smallest debt first.

The rationale behind the smallest-debt-first approach is one of motivation. By quickly paying off a small debt in full, many find they are motivated to continue their climb out of debt. As important as motivation is, however, it’s not the entire story.

The problem with this approach is that you could end up paying more money in interest over time. Your smallest debt might not have the highest interest rate. As a result, some could find themselves working on their smallest debt first, all the while paying more interest on larger debts.

Mathematically, it makes more sense to start with the debt with the highest interest rate. By tackling high-rate debt first, one can get out of debt faster and with less interest charges. For those who really need the psychological pick-me-up of getting rid of the smallest debt first, though, any debt reduction plan is better than nothing.

(Editor’s Note: If you want to track your debt progress, the free Credit Report Card can help you track the impact paying off debt has on your credit scores.)

2. Withdraw 4% a Year During Retirement

How much can one withdraw from savings each year in retirement without the fear of running out of money?  What is an extremely complicated question is often answered with the 4% rule. This common rule of thumb tells us to withdraw 4% of our money in the first year of retirement, and then increase the withdrawal amount each year by the rate of inflation. The thinking is that if your portfolio has annualized returns of 7% and inflation averages 3% annually, you’ll be able to live on 4% and reinvest the remaining amount to keep up with rising prices.

The problem with this rule of thumb is that a large stock market event near the beginning of your retirement can wipe out a lot of value. If you withdraw at a rate of 4% during such a time, you could easily dip into your capital, lowering your returns overall, and resulting in the possibility that you will run out of money before you run out of retirement years.

Instead of relying on this rule of thumb, it’s important to check conditions, and determine whether or not it makes more sense to withdraw a little less, or put off withdrawing (if you can) until the market recovers.

3. Stocks Return 10% Annually

One rule of thumb that continues to persist is the idea that stocks return 10% annually. While this has been true for some periods, the reality is that your stocks â€" even if you invest in index funds â€" probably won’t return that in “real” terms. From 1926 to 2012, the total annualized real return (after inflation) for the S&P 500 (including capital gains and reinvested dividends, and accounting for inflation) was less than 7%.

4. An “Affordable” Mortgage Payment Is 30% of Your Income

When deciding how much mortgage you can afford, many experts cite the 30% rule. If you can keep your mortgage payment to 30% of your monthly income, you should be able to afford the house you are contemplating.

There are several potential problems with this rule. First, it focuses on qualifying for a mortgage. The better consideration is what a potential homebuyer can comfortably afford; not what they can theoretically obtain. Second, it doesn’t account for other debt a consumer may have. The mortgage process will look at all debt, not just the home loan. Finally, it can cause some to obtain mortgage products, like interest-only or variable rate loans, that are not in their best interest.

The key is to buy a home with a payment that you are comfortable with, not one that merely conforms to a rule of thumb.

5. Buy a Used Car, Not New

Finally, one of the common rules of thumb is to avoid buying a new car. The theory is that the depreciation on a new car once you drive it off the lot is significant, suggesting that a used car is a better deal. While a used car may indeed be a good deal depending on the circumstances, it isn’t always.

This rule of thumb doesn’t take into account, for example, the repair costs you might pay on a used car. It also doesn’t consider costs related to fuel efficiency or insurance. Most importantly, it misses arguably the most important factor when it comes to the cost of owning a car â€" how long you keep it. Buying a new car and keeping it for 10 years will be a better deal than buying a “new” used car every three years.

Rules of thumb can provide you with guidance as you work out how to best organize your finances. However, it’s important to take a step back and evaluate your situation. Chances are that you are better off tweaking the rule to fit your specific circumstances.


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Published Dec 16, 2013 at 12:31 pm (Updated Dec 16, 2013)


Over the River and Through the Woods with a Car Seat:

Nine Tips for Surviving Holiday Road Trips with a Baby on Board

Chances are you’ll be doing some traveling over the holiday season. If your family includes a new baby, Princess Ivana shares nine tips to help the journey go as smoothly as possible.

Los Angeles, CA (November 2013)â€"The holidays are hereâ€"which means that families all over America will soon be packing up their modern-day sleighs and hitting the road to visit friends and family. If you’re a new mom, driving much farther than your own zip code might sound more than daunting. Instead of sugarplums, the visions that are dancing in your head involve hours of non-stop crying, the smell of dirty diapers, and spit-up all over the back seat. Especially if you have older children too, the thought of confining everyone in a sedan, van, or SUV for hours at a time might be enough to turn you into a stay-at-home Scrooge.

“Yes, it’s true that road trips with infants have the potential to take the ‘happy’ out of the holidays,” says Princess Ivana Pignatelli Aragona Cortes, a featured blogger at Modern Mom, founder of Princess Ivanaâ€"The Modern Princess, and coauthor of A Simple Guide to Pregnancy & Baby’s First Year (Don’t Sweat It Media, Inc., April 2013, ISBN: 978-0-9888712-0-5, $15.95, www.princessivana.com). “Fortunately, some strategic planning can make driving over the river and through the woods much more bearable for everyone.”

Ivana speaks from experience. As a mother of two with a busy holiday calendar, she has participated in her fair share of road trips involving rear-facing car seats.

“Over time, I’ve learned a lot of travel disaster lessons in the School of Hard Knocksâ€"and I’ve also developed some crisis-averting strategies that have turned out to be real lifesavers,” she says. “As simple as it sounds, anticipating issues and being prepared for contingencies can mean the difference between ‘fa la las’ and ‘bah, humbugs’!”

Here, Ivana shares nine mom-tested tips to keep you, your baby, and the rest of your passengers happy during holiday road trips:

Make a list and check it twice. When you’re packing for yourself and one or more children, it’s all too easy to forget essential items, despite your best intentions. That’s why Ivana suggests starting early. Make a list of everything you want to bring and check each item off once it’s in the car.

“When packing your baby gear specifically, take however many extra outfits, burp cloths, bibs, diapers, and pacis you think you will needâ€"then double it,” she instructs. “Better safe than sorry! And Murphy’s Law of Babies says if you err on the side of less, you’ll always end up needing what you don’t have. Also, don’t forget to pack plenty of plastic baggies or grocery bags in which to store any soiled laundry.”

Take blowout containment measures. As a new mom you live in perpetual fear of the dreaded diaper blowoutâ€"but at no time is this baby bathroom emergency more inconvenient than in a moving vehicle. The last thing you want to do at a rest stop is attempt to clean your child, a car seat, and possibly your vehicle’s upholstery with paper towels and freezing tap water!

“Unfortunately, blowouts are more likely to happen in the car because of your baby’s positioning in the car seat,” shares Ivana. “However, you can take steps to contain the mess. Put a burp cloth or thin blanket underneath your baby in the car seatâ€"just make sure it’s nothing too bulky that might compromise the safety of the seat. This way, you’ll have to switch out only the cloth and your baby’s clothes, not the entire seat.”

Listen to a new version of “White Christmas.” It might not be as melodious as Bing Crosby’s holiday classic, but it might be to your advantage to play a new track as you head down the interstate: white noise.

“White noise can calm fussy babies down, and even help them fall asleep,” shares Ivana. “I recommend downloading a white noise app on your smartphone or tablet. If you don’t have those devices, just switch to a static radio station and turn up the volume!”

Prepare for meals on the go. One of the many road trip responsibilities you’ll have to juggle is your baby’s feedings. If you’re bottle feeding, Ivana recommends filling bottles with water ahead of time. You can either buy single serving formula packs or use a dispenser that allows you to pre-measure formula. These options will make preparing bottles in the car much easier.

“If you’re breastfeeding, invest in a car adapter for your pump,” she continues. “Be sure to include sanitizing wipes to clean up after each pumping since there will be no soap and water in the car.”

Bundle up strategically. If the temperature is cold outside, your instinct might be to bundle baby up in his warmest clothes. But that might be a mistake. Babies can easily get hot and sweaty in their seats, so it’s smarter to dress them in lighter layers.

“You can always cover your baby up with a blanket or two if he seems too cold,” Ivana points out. “Keeping your youngest traveler comfortable makes for a much more pleasant trip for everyone.”

Hit the road when it’s best for baby… Think about your baby’s best time of day when planning your travel. For most infants, early morning is the happiest and easiest time of day.

“If you travel in the late afternoon or evening, when most babies tend to be fussiest, your trip can seem to take twice as long as it actually does,” observes Ivana. “Plus, if you pull out of the driveway bright and early, you might also beat some of that dreaded holiday traffic.”

…and give yourself plenty of time to get to your destination. You may be thinking, Duh! Every amateur knows that! but the advice bears repeating. It always takes longer to get out of the house than you think it will. Traffic jams tend to pop up at the most inconvenient times. You might encounter an unexpected detour. And you never know when a tantrum or dirty diaper will erupt.

“Thinking back on my family’s many trips, I don’t believe there has been even one that went without a hitch,” Ivana recalls. “And that’s normal! Make sure your time margins are as wide as possible. Leave a half-hour or more earlier than you think you need to. Otherwise, you may find yourself in the middle of a meltdown.”

Be a backseat mom. If you don’t need to be in the driver’s seat, and space permits, sit in the backseat with your baby so that you’re on hand to entertain, feed, retrieve dropped pacis, etc.

“Being able to quickly respond to fussiness, as opposed to waiting until you can pull over (or developing a killer crick in your neck after twisting around in your seat for the 100th time), is easiest on everyone,” Ivana notes. “The sooner you can soothe and calm your baby, the more holiday cheer everyone will feel. And if you’re in baby’s line of sight, she might not be as fussy to begin with!”

Start your gift-giving early. If you have older children, consider purchasing kid-friendly headphones, as well as a few audiovisual distractions (like DVDs, music, and games that can be played on a tablet), and parceling them out at the beginning of the car trip.

“Your kids will be thrilled with these new toys,” Ivana promises. “Even better, their headphones mean that they won’t disturb a sleeping babyâ€"your ultimate travel goal! And when baby does get upset, headphones will keep older siblings from becoming upset or agitated by the noise.”

“If you take these suggestions into account, you can maximize your chances of getting where you’re headedâ€"and still being in a good mood when you arrive!” Ivana promises. “Expect there to be a few incidents during your journey regardless of how much planning you do, thoughâ€"there is no such thing as a picture perfect road trip with an infant! That said, I hope you travel safely and make wonderful memories during what’s probably your baby’s first holiday season.”

# # #

Pool Rules
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APTOPIX China Shanghai Pollution

The US will soon work with China as the world's most populous nation works to draft stricter emissions standards. The two countries certainly know how to put pollution into the air â€" China is the world's biggest emitter polluter, followed by the US.

The announcement was made during a visit Vice President Joe Biden recently made to China. According to Reuters, the Environmental Protection Agency and the Department of Energy will work with the Asian nation on its so-called China VI standards. These regulations will, among other things, require cars to have filters that capture particulate matter.

The legislation is slated to follow the China IV standards, which included diesel regulations that reduced engines' maximum-allowable sulfur content by a factor of seven, along with China V, which will bring sulfur content down by another 80 percent by 2017. Once China reaches that level, it will be lower than current US standards.

Just in time, too. Vehicle ownership in China is expected to jump to more than 200 million by the end of the decade, way up from 120 million estimated at the end of 2012. Earlier this year, a number of Chinese government entities pushed for fuel economy standards that would require a fleetwide 34 miles per gallon average by 2015 as part of the country's first-ever fuel-economy mandate.

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Toyota Prius at fuel pump

The US Environmental Protection Agency has released its annual report for fuel economy and carbon dioxide emissions trends, and it shows that 2012 was a banner year for both with average fuel economy of 23.6 miles per gallon and average CO2 emissions of 376 grams per mile â€" both all-time records since the figures were first tracked in 1975. Even better, early figures show that 2013 will continue this trend, and Automotive News reports that the industry is on pace to meet the 54.5-mpg target in 2025.

Compared to 2011, the average fuel economy increased by 1.2 mpg, marking the second-largest year-over-year improvement in 30 years. According to the data, nearly every automaker had higher fuel economy for 2012, and coming out on top was Mazda with an average of 27.1 mpg, while Honda (26.6 mpg), VW (25.8 mpg), Toyota (25.6 mpg) and Subaru (25.2 mpg) rounded out the top five. Helping to fuel this across-the-board fuel-economy increase was the fact that sales of light trucks (SUVs, vans, crossovers and trucks) accounted for 36 percent of new-car sales, which is a 6-percent drop from 2012 and marks the second-lowest percentage since 1993.

The database also tracks many other trends that deal with fuel economy. On average, vehicles sold in 2012 were 150 pounds lighter (averaging 3,977 pounds) than 2011, although horsepower was also down (averaging 222 hp, which is a drop of 6 horses from 2011). Another helpful factor was the increase of various technologies over the last five years, with the biggest gains coming from transmissions with additional gears, gasoline direct-injected and turbocharged engines. The number of fuel-efficient vehicles has also risen since 2008 â€" there were five times as many cars offering 30 mpg and quadruple the number of cars offering 40 mpg sold in 2012 over the previous year; diesel engines and electrification have made large increases in this period as well.

Numbers for 2013 probably won't be announced until close to this time next year, but the report shows that an increase of 0.6 mpg and a decrease of 6 grams/mile of CO2 are expected. Scroll down for the highlights of the report, or head over to the EPA if you feel like trudging through the whole thing.

Light-Duty Automotive Technology, Carbon Dioxide Emissions, and Fuel Economy Trends: 1975 - 2013

EPA's annual report shows model year (MY) 2012 is an all time record high for car and truck average fuel economy!

Note: These values represent real world fuel economy and emissions. They are not comparable to automaker standards compliance levels

-MY 2012 fuel economy averaged 23.6 mpg, 1.2 mpg higher than MY 2011
-MY 2012 CO2 average emissions were 376 grams per mile, down 22 g/mile from MY 2011
-Preliminary MY 2013 data projects a further 0.4 mpg increase in fuel economy and 6 g/mile decrease in CO2 emissions

Average vehicle CO2 emissions rate and fuel economy achieved record levels in MY 2012 and have improved in 7 of the last 8 years

The final model year (MY) 2012 adjusted, real world CO2 emissions rate is 376 g/mi, which is a 22 g/mi decrease relative to MY 2011. MY 2012 adjusted fuel economy is 23.6 mpg, which is 1.2 mpg higher than MY 2011. Both values represent all-time records since the database began in MY 1975, and the authors believe that these represent historical records as well. The 1.2 mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years.

CO2 emissions and fuel economy have now improved in seven of the last eight years. This recent positive trend reversed the long negative trend from MY 1987 through MY 2004.

Preliminary MY 2013 adjusted values are 370 g/mi CO2 emissions and 24.0 mpg fuel economy, which, if achieved, will again represent all-time records. Final values for MY 2013 will be published in next year's report.

While the direction and magnitude of changes from year-to-year often receive the most public attention, the greatest value of the historical Trends database is the documentation of long-term trends. This is because: 1) year-to-year volatility can reflect short-term trends (e.g., the economic recession and Cash for Clunkers rebates in 2009 and the impact of the tsunami on Japan-based manufacturers in 2011) that may not be meaningful from a longterm perspective, and 2) the magnitude of year-to-year changes in annual CO2 emissions and fuel economy tend to be small relative to longer, multi-year trends.

Based on the final Trends data through MY 2012, CO2 emissions have decreased by 85 g/mi, or 18%, since MY 2004, and fuel economy has increased by 4.3 mpg, or 22%.

Light truck market share decreased in MY 2012 but continues to be variable

Light trucks, which include pickups, minivans/vans, and truck SUVs (SUVs that must meet light truck GHG emissions and fuel economy standards), accounted for 36% of all light-duty vehicle production in MY 2012, the second lowest level since 1993. This represents a 6% decrease relative to MY 2011, and essentially offsets the 5% increase from MY 2010 to MY 2011. The MY 2013 light truck market share is projected to remain at 36%, based on premodel year projections by automakers.

Light truck market share has been variable in recent years, e.g., truck share has changed by 4% or more in each year for MY 2009-2012, with two years of increases and two years of decreases. Three factors that have likely contributed to the volatility in truck share include: 1) MY 2009 was a particularly unusual year due to the serious economic recession that led to much turmoil in the automotive market and almost certainly led to an artificially low truck production share in that year; 2) the Car Allowance Rebate System (CARS), commonly referred to as Cash for Clunkers, managed by NHTSA, which provided incentives of up to $4500 for the trade-in of a vehicle with lower fuel economy and purchase of a new vehicle with higher fuel economy, resulted in 677,081 new vehicle purchases in 2009, and 3) the earthquake, tsunami, and nuclear tragedies in Japan in March 2011, which decreased the supply of cars from Japan, and likely contributed to the truck share increase in MY 2011 (as well as to the projected truck share decrease in MY 2012).

Cars include conventional cars and car SUVs (SUVs that must meet car GHG emissions and fuel economy standards).

Vehicle weight trend is flat and increasing vehicle power trend is slowing

Vehicle weight and performance are two of the most important design parameters that help determine a vehicle's CO2 emissions and fuel economy. In general, all other factors being equal, higher vehicle weight and faster acceleration performance (e.g., lower 0-to-60 miles-per-hour acceleration time), both increase a vehicle's CO2 emissions and decrease fuel economy.

MY 2012 vehicle weight averaged 3,977 pounds, a decrease of 150 pounds compared to MY 2011. Average MY 2012 vehicle power was 222 horsepower, a decrease of 8 horsepower from MY 2011. Estimated 0-to-60 acceleration time in MY 2012 was unchanged at 9.4 seconds. Average vehicle footprint declined by 0.7 square feet in MY 2012. The decrease in light truck market share was a major factor in the lower weight, horsepower, and footprint.

Preliminary MY 2013 values suggest that average vehicle weight and power will both increase, though these projections are uncertain, and EPA will not have final data until next year's report. The preliminary MY 2013 average weight is relatively unchanged over the last decade. The preliminary MY 2013 horsepower value would tie the record first set in MY 2011.

From MY 1987 through MY 2004, on a fleetwide basis, automotive technology innovation was generally utilized to support vehicle attributes other than CO2 emissions and fuel economy, such as weight, performance, and utility. Beginning in MY 2005, technology has been used to increase both fuel economy (which has reduced CO2 emissions) and power, while keeping vehicle weight relatively constant.

Many new technologies are rapidly gaining market share

New technologies are continually being introduced into the marketplace, replacing older and less effective technologies. Technological innovation is a major driving force behind the recent improvements in CO2 emissions and fuel economy, and the majority of the carbon and oil savings from current vehicles is due to new gasoline vehicle technologies. The figure below shows changes in market share over the five-year period from MY 2008 through MY 2013 for several key engine and transmission technologies for which Trends gathers data.

Two engine technologies first introduced over 20 years ago-variable valve timing (VVT) and multi-valve engines-are both projected to be used on over 90% of MY 2013 vehicles.

Gasoline direct injection (GDI) engines have increased market share ten-fold from less than 3% in MY 2008 to over 30% in MY 2013. Turbochargers, which are often used in conjunction with GDI, have increased market share by a factor of five since MY 2008.

Transmissions with 6 or more speeds and continuously variable transmissions (CVTs) cumulatively accounted for about 30% of vehicle production in MY 2008, but are projected to exceed 80% market share in MY 2013.

Compared to the engine and transmission technologies discussed above, there has been far less growth in the production shares of hybrid and diesel powertrains (see Highlight 5 for the increase in the number of hybrid and diesel models), and cylinder deactivation (CD).

Consumers have an increasing number of high fuel economy/low CO2 vehicle choices

Consumers have more choices than ever when shopping for vehicles with higher fuel economy and lower tailpipe CO2 emissions. These choices reflect both a more diverse range of technology packages on conventional gasoline vehicles as well as more advanced technology and alternative fueled vehicles.

There are 15 MY 2013 pickup and minivan/van models for which at least one variant of the model has a combined city/highway label fuel economy rating of 20 mpg or more, compared with nine models five years ago. There are over twice as many SUV models that achieve 25 mpg or more in MY 2013 than in MY 2008. The number of non-hybrid SUVs that achieved 25 mpg increased from four in MY 2008 to 17 in MY 2013, more than a fourfold increase. The number of car models where at least one variant has a combined city/ highway label fuel economy of 30 mpg or more increased by five-fold, and the number of car models at 40 mpg or more have increased from three to over 20 (all hybrid, electric and plug-in hybrid electric vehicles).

There are also many more advanced technology vehicle choices. In MY 2013, there are three times as many hybrid offerings as there were in MY 2008. In addition, the number of diesel offerings has doubled, and there are growing numbers of electric vehicles and plugin hybrid electric vehicles as well.

Section 8 provides more detail about the methodology for this "model count" analysis, and also shows that, within individual models, consumers have a wider range of high fuel economy performance from which to choose.

Nearly every manufacturer increased fuel economy in MY 2012, resulting in lower CO2 emission rates

Ten of the eleven manufacturers shown below increased fuel economy from MY 2011 to MY 2012, the last two years for which we have definitive data. Preliminary MY 2013 values suggest that most manufacturers will improve in MY 2013 as well, though these projections are uncertain, and EPA will not have final data until next year's report.

In MY 2012, for the 11 manufacturers shown, Mazda had the lowest fleetwide adjusted composite CO2 emissions and highest adjusted fuel economy performance, followed by Honda. Chrysler-Fiat had the highest CO2 emissions and lowest fuel economy, followed by Daimler. Daimler had the biggest improvement in adjusted CO2 emissions performance from MY 2011 to MY 2012, with a 43 g/mi reduction, followed by Honda with a 35 g/mi reduction. Honda had the biggest fuel economy improvement from MY 2011 to MY 2012, of 2.5 mpg, while Mazda had the second largest increase of 2.1 mpg.

Section 4 has greater detail on the fuel economy and CO2 emissions for these manufacturers (e.g., for individual manufacturer car and light truck fleets), as well as for individual makes (i.e., brands).

Manufacturers are selling many vehicles today that can meet future CO2 emissions targets

EPA evaluated MY 2013 vehicles against future footprint-based CO2 emissions regulatory targets to determine which vehicles could meet or exceed their future targets in MY 2016-2025. These comparisons were based on current powertrain designs, assuming improvements only in air conditioner refrigerants and efficiency. EPA assumed air conditioning improvements since these are considered to be among the most straightforward and least expensive technologies available to reduce CO2 and other greenhouse gas emissions. It is important to note there are no CO2 emissions standards for individual vehicles. Rather, there are manufacturer-specific compliance levels for both passenger car and light truck fleets. The compliance levels for each manufacturer are derived from the footprint-based CO2 emissions target curves, and the production volumeweighted distribution of vehicles produced for sale in the U.S. by each manufacturer.

The figure below shows that 28% of projected MY 2013 vehicle production already meets the MY 2016 CO2 emissions targets, or can meet these targets with the addition of expected air conditioning improvements. The bulk of this production share is accounted for by non-hybrid gasoline vehicles, although other technologies, including diesels, hybrids, plug-in electric hybrids, electric vehicles, and compressed natural gas vehicles, are also represented.

Looking ahead, about 5% of projected MY 2013 production could meet the MY 2025 CO2 emissions targets. Vehicles meeting the MY 2025 CO2 targets are comprised solely of hybrids, plug-in hybrids, and electric vehicles. Since the MY 2025 standards are over a decade away, there's considerable time for continued improvements in gasoline vehicle technology.

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2013 Chrysler 200

Chrysler is recalling a small number cars over issues with their 2.4-liter four-cylinder engines. The recall, which affects 522 examples of its 2013 Dodge Avenger and Chrysler 200 models, as well as 2014 Jeep Compass and Patriot CUVs has to do with potential debris in the balance shaft bearings.

The abrasive stuff can cause the oil pressure to drop, which could lead to the engine stalling or outright failure. This situation could at best leave drivers stranded and at worst lead to a crash.

Chrysler will begin notifying owners, who will need to report in to have the balance shaft module replaced. All repairs are naturally free of charge. Scroll down for the bulletin from NHTSA.

Report Receipt Date: NOV 06, 2013
NHTSA Campaign Number: 13V552000
Component(s): ENGINE
Potential Number of Units Affected: 522
All Products Associated with this Recall [close]

Vehicle Make Model Model Year(s)

CHRYSLER 200 2013
DODGE AVENGER 2013
JEEP COMPASS 2014
JEEP PATRIOT 2014

4 Associated Documents expand
Manufacturer: Chrysler Group LLC

SUMMARY:
Chrysler Group LLC (Chrysler) is recalling certain model year 2013 Dodge Avenger and Chrysler 200, and model year 2014 Jeep Compass and Patriot vehicles equipped with 2.4L engines. Due to abrasive debris in the balance shaft bearings, these engines may have a loss of engine oil pressure, possibly resulting in an engine stall or engine failure.

CONSEQUENCE:
If the engine stalls while driving it may increase the risk of a crash.

REMEDY:
Chrysler will notify owners, and dealers will replace the engine balance shaft module, free of charge. The recall is expected to begin in December 2013. Owners may contact Chrysler at 1-800-247-9753. Chrysler's recall campaign number is N52.

NOTES:
Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov.

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2015 Chrysler 200 spy shots

2015 Chrysler 200 spy shotsPreparing for a big debut at the Detroit Auto Show next month, the all-new 2015 Chrysler 200 was out for a late-night photo shoot fully undisguised, and our spy shooters were there to capture its all-new design completely uncovered. While there's no camouflage, the cover of darkness proved to be almost as effective, but we still get a good idea of what this former sore spot in the brand's lineup will look like after its clean-sheet redesign.

The first thing we notice is the stylish four-door-coupe roofline doing its best to impersonate something like the Audi A7, or maybe the Volkswagen CC. The front-end styling is a departure from recent Chrysler designs with narrow headlights and an equally short, chrome-trimmed grille. In profile, the bullet-nosed 200 is somewhat reminiscent of the Tesla Model S. This new design language should definitely help the 200 get noticed in a segment filled with hot sellers like the Toyota Camry and Honda Accord, as well as more stylish offerings like the Ford Fusion and Mazda6.

Our spies also caught up with the 200 testing in daylight and got some good shots of the interior. The instrument panel design looks similar to what is found in the Dodge Dart, including the oversized instrument gauges and possibly even the LED accent lighting. We would have to assume â€" and hope â€" this prototype is a test model due to its small touchscreen display, as Chrysler's 8.4-inch screen would look much better in its place. The center stack and console are clean with minimal buttons and knobs, but we do see a rotary gear selector, which may confirm reports from last year that suggested the 200 will use a nine-speed automatic transmission to help hit 38 miles per gallon on the highway.

There's official word on powertrain, but we'll get our first up-close look at the car in less than a month. Until then, check out the naked 200 in all its glory by viewing our gallery above.

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(Memphis) Temperatures are dropping by the minute with the potential to make roads very dangerous.

If you have to drive somewhere these conditions, it can be nerve-racking and extremely dangerous, especially at night!

Police say there were a total of 81 accidents from 6 a.m. to 5:15 p.m. in Memphis Friday. Many of them caused by the same few things.

“It was real scary because that car was going fast,” said George Wooden.

News Channel 3 found George Wooden on the side of I-240 near Getwell. His car was totaled when a car slammed into him after hitting the medium.

“He came all the way over and smacked the front of my car and went into a ditch and smacked me around three times.”

He says the driver of the other car was going way too fast in these slippery conditions.

“I would say most important is to wear your seatbelt,” said Lt. Eddie Bass with the traffic division of the Memphis Police Department. “Second of all, don’t drive fast. Third, allow yourself some space between other drivers.”

Lt. Bass says the most common accident in this weather is rear-end collisions.

He says drivers should keep two to three car lengths between each other and if you’re car hits a patch of ice and you start to slide, lightly pump your brakes and do this:

“If the vehicles is going straight and you so happen to slide to the left turn your steering wheel to the left,” said Lt. Bass.

“What was your driving technique?” asked Reporter Sabrina Hall to Wooden.

“Well, you have to steer into the slide,” he said.

Wooden also did one of the most important things of all, he remained calm.

“If your vehicle happens to tailspin, don’t panic,” said Lt. Bass.

If you’re one of the thousands who will head out in this weather, despite the warnings and risks, Lt. Bass says use common sense.

“Give that cellphone a break! Time leave that cell phone alone. Pay attention to what’s in front of you.”

Lt. Bass says we had much fewer accidents than expected Friday because of all the event, work and school cancellations, people mostly stayed off the roads.

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to learn more. We're back now with our "real money" team. As drivers know one of the hazards of this weather, more fender benders. These kinds of accidents can do the most damage to your wallet. Abc's paula faris and how to keep the money in your pocket. Reporter: The weather outside is frightful, and so is the damage it can do to your car. Car insurance claims in december -- almost 20% higher than the rest of the year. Here at great bear auto body shop, mechanic audra fordin tells us the work is piling up. We get a lot of snow and jammed up with a lot of accidents. Reporter: This accident on icy roads happened just this morning. They'll need new fender, a bumper. The most common, a busted bumper coasting anywhere from a few hundred to a few thousands. With a simple tip you can put the brakes on spending a bundle. Tip number one get the best price. When we met the ray brand family of san francisco this summer they needed a tuneup but local mechanics quoting them wildly different prices. 250, $325. Reporter: Repair pal gives you the average cost for the same service in your area so you know you're getting a fair deal. Tip number two, if your repair is simple, why not have them come to you. With your mechanic sprouting up around the country you'll pay a lot less. They don't have to have a garage and all the overhead that that requires. Reporter: Tip number three, if you need road side assistance, towed, getting pulled out of a snowy ditch, you may have the service. Check with your insurance company. Believe it or not, most cell phone companies also offer road side assistance. Verizon wireless offering the service for $3 a month. If you are in a fender bender document everything, not just pictures of the damage but the road side, the weather, the skids. Most importantly, document the other driver's information. Diane, just a few simple snaps could save you thousands of dollars in insurance claims.

This transcript has been automatically generated and may not be 100% accurate.

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Auto Show (General Motors Senior Vice President Mary Barra is seen during presentation of the North American Car & Truck of

Akerson himself previously noted that a female CEO at one of the Detroit Three was "inevitable."

Mary Barra is set to become the first woman to lead a global automaker. The executive will succeed General Motors' Dan Akerson, a former private equity bigwig who was appointed in 2009 to help lead the company out of bankruptcy. Akerson, 65, will be retiring in January, although rumors have been swirling about his potential replacement for months.

Barra, 51, has been at GM since age 18. Most recently, she has been executive vice president of Global Product Development, Purchasing and Supply Chain. Barra has previously served in various positions within the company over her 33 years, including vice president of Global Manufacturing Engineering, executive director of Competitive Operations Engineering, and vice president of Global Human Resources.

We reported just four weeks ago that Akerson probably wasn't leaving until next year, and that a dedicated search for his replacement - widely believed to be either Barra or President of GM North America Mark Reuss - had not yet begun. In the official press release announcing Barra's appointment, GM notes that Akerson pulled ahead his retirement date after his wife was diagnosed with advanced cancer. That said, the news of Barra taking over isn't entirely shocking, as Akerson himself previously noted that a female CEO at one of the Detroit Three was "inevitable."

For his part, Reuss, 50, will slot into Barra's role, giving up his position as executive vice president and president of North American operations.

In other appointment news, Dan Ammann, 41, GM's CFO and executive vice president, has been named its president, with Chevrolet and Cadillac reporting directly to him, as well as GM Financial.

For the rest of the details, check out the official press release below.

Dan Akerson to Retire as GM CEO in January 2014
Mary Barra to Become Next CEO; Dan Ammann Named President

2013-12-10

DETROIT â€" General Motors today announced that Dan Akerson, who guided today's GM to record profits and dramatic improvement in vehicle quality while closing the chapter on government ownership in the company, will step down as chairman and CEO on Jan. 15, 2014.

Mary Barra, 51, executive vice president, Global Product Development, Purchasing and Supply Chain, was elected by the Board of Directors to become the next CEO of the company. Barra will also join the GM Board.

Akerson, 65, pulled ahead his succession plan by several months after his wife was recently diagnosed with an advanced stage of cancer.

The Board also named Theodore (Tim) Solso to succeed Akerson as Chairman. Solso, 66, is the former chairman and CEO of Cummins, Inc., and has been a member of the GM Board since June 2012.

"I will leave with great satisfaction in what we have accomplished, great optimism over what is ahead and great pride that we are restoring General Motors as America's standard bearer in the global auto industry," Akerson said in a message to employees.

With 33 years of experience at GM, Barra has risen through a series of manufacturing, engineering, and senior staff positions. She is a leader in the company's ongoing turnaround, revitalizing GM's product development process resulting in the launch of critically acclaimed new products while delivering record product quality ratings and higher customer satisfaction.

"With an amazing portfolio of cars and trucks and the strongest financial performance in our recent history, this is an exciting time at today's GM," said Barra. "I'm honored to lead the best team in the business and to keep our momentum at full speed."

Dan Ammann, 41, executive vice president and chief financial officer, was named company president and will assume responsibility for managing the company's regional operations around the world. The global Chevrolet and Cadillac brand organizations and GM Financial will also report to Ammann.

Ammann joined GM in 2010 where his first assignment was to manage GM's initial public offering. As CFO, he has led a transformation of GM's finance operations into a world-class organization. He also led the strategy to rebuild the company's captive finance capability through the successful establishment and growth of GM Financial.

"We have a significant opportunity to further integrate and optimize our operations to deliver even better results," said Ammann. "While we have made good progress, we still have much work ahead of us to realize GM's full potential."

Ammann will retain CFO responsibilities at least through the release of the company's fourth quarter and full-year 2013 results in early February 2014. His replacement as CFO will be named later.

Mark Reuss, 50, executive vice president and president, North America, will replace Barra as executive vice president, Global Product Development, Purchasing and Supply Chain. Under Reuss' watch, GM's North America region has produced consistent profits and improved margins during a product renaissance that includes the launch of award-winning cars and trucks such as the Cadillac ATS, Chevrolet Corvette, Impala and Silverado pickup.

"The driver's seat of designing and engineering the strongest product line up in GM's history is the best seat to have," said Reuss. "We're going to keep the pedal down on GM's product resurgence and keep winning new customers."

Alan Batey, currently senior vice president, Global Chevrolet and U.S. Sales and Marketing, will replace Reuss and is named Executive Vice President and President, North America. Batey, 50, joined GM's Vauxhall operation in 1979 and held several sales, service and marketing positions around the world. In his current position, he has developed the Chevrolet brand's Find New Roads advertising campaign and has overseen a sweeping upgrade of retail sales and service operations at hundreds of U.S. dealerships.

"North America is the foundation of the GM turnaround story and I'm honored to help continue what Mark started," said Batey. "We remain committed to delivering the world's best retail experience to match the world's best cars and trucks."

The company also announced that Steve Girsky, 51, vice chairman, Corporate Strategy, Business Development and Global Product Planning, will move to a senior advisor role until leaving the company in April 2014. He will remain on the GM Board of Directors.

Girsky led GM's turnaround plan for Europe that has put that region's operations back on a path to profitability. He has also put GM's OnStar unit at the forefront of in-vehicle connectivity and helped create GM Ventures to speed the commercialization of new technologies in GM vehicles.

"I share Dan's pride for what the company has accomplished and his sense of optimism for a bright future," said Girsky. "This team is united in its commitment to building on the foundation that we have established."

Under Akerson's leadership, GM made swift progress as the company transformed from being majority owned by U.S. Treasury to being publicly traded and investment grade rated.

"My goals as CEO were to put the customer at the center of every decision we make, to position GM for long term success and to make GM a company that America can be proud of again," Akerson said. "We are well down that path, and I'm certain that our new team will keep us moving in that direction."

Akerson was named GM Chairman and CEO on September 1, 2010. He joined GM in 2009 as a member of its Board of Directors. Since the company's November 2010 Initial Public Offering, GM has recorded 15 consecutive quarters of profitability, has earned this year the best overall initial vehicle quality scores of any auto manufacturer, and has re-invested nearly $9 billion and created or retained more than 25,000 jobs at its U.S plants

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