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New boss plans VW revolution

By Georg Kacher Motor Industry 22 November 2006 10:00 The Volkswagen Group is set for a huge shake-up, following the resignation of chairman Bernd Pischetsrieder. Product plans across all seven marques, the group brand strategy, platform sharing and costs will all be reviewed by incoming boss Martin Winterkorn, who clinched the role following Audi's stellar performance under his leadership. CAR Online can reveal that Winterkorn is likely to rip up Pischetsrieder's brand group structure, to improve communication and efficiencies.

Russo and Steele auction remains closed

The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.

Volvo tuner Polestar reveals production S60 and V60 models

It's not every day that we can tell you about a performance-tuned station wagon that is actually coming to the U.S., but today is one of those rare days. Volvo racing and aftermarket tuning specialist Polestar has revealed details of their production versions of the V60 wagon and the S60 sedan, which are bound for the U.S. The S60 and V60's 3.0-liter T6 engine has been tuned to produce 350 hp and 369 lb-ft of torque, which is said to give it a 0 to 62 mph time of 4.9 seconds, on the way to an electronically limited top speed of 155 mph.