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Volkswagen 'will build the XL1' - Piech

Volkswagen will build the radical 313mpg XL1 eco cigar in 2013, Ferdinand Piech revealed at the Qatar motor show. In an interview with Automotive News, the VW chairman said: 'We want to go into series production with this car starting in 2013.' He insisted it would go on sale to real people, not just as media demonstrators. And VW chief exec Martin Winterkorn added the XL1 would be sold in Europe first, then be rolled into the US and Chinese car markets.

Fiat and Chrysler to completely merge?

Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.

Hyundai Veloster Turbo arrives at Detroit

Hyundai Veloster Turbo - US spec arrives at Detroit The Hyundai Veloster Turbo has debuted at the Detroit Auto Show with more aggressive looks and 201hp from its 1.6 litre Turbo. The Hyundai Veloster Turbo that’s now arrived at the Detroit Auto Show – after a small leak of Veloster Turbo pictures this morning – may not be exactly the same as the Veloster Turbo we’ll get in the UK (more on that in a moment), but it’s close enough to give us a good idea of what the Turbo will add to the Veloster equation. We already like that the Veloster has character, and we very much like that the Veloster Turbo gets enough power to match its looks.