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Volkswagen and BYD get cosy

VW and BYD have signed an agreement to work together on developing battery technology (BYD F3DM plug-in Hybrid pictured). Volkswagen has announced that it has signed a Memorandum of Understanding with Chinese car maker and EV specialist BYD to work together “in the area of electric mobility”. Seems sensible.

Maserati shows Alfieri concept at the Geneva motor show

It's named the Alfieri concept, which Maserati will be the first to tell you is not the "Guyfieri." Otherwise, it'd come with a golden roof, a Ferrari V8 slathered in beer batter, and a deep-fried interior reeking of Cheetos and desperation. Make that balsamic vinegar, according to Maserati, the dark condiment evidently imbued with "a centenary tradition of craftsmanship and passion." Much like Maserati's celebration of its 100-year history at this Geneva auto show, as represented by the silver ingot shown above. Indeed the Alfieri concept, a gorgeous wide-grilled sports car more in line with the Porsche 911 than its own GranTurismo, is a celebration of Alfieri Maserati, one of the five brothers who founded the eponymous company.

Report: Chevrolet Cruze, Toyota Corolla lowest lease payments in May

The Chevrolet Cruze and Toyota Corolla sedans offered the lowest average monthly lease payments in May, according to records by Swapalease.com. On average, Chevy Cruze lessees paid just $214 per month, while average Toyota Corolla lessees paid $234. Records show the cheapest alternative fuel vehicle's lease is the Chevrolet Volt at $315.