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Skoda confirms prices for two new models

SKODA has announced prices for its two latest models; the Rapid Spaceback and the facelifted Yeti. The Spaceback, which is 180mm shorter and smaller of boot than the ‘notchback’ Rapid, is designed to be the brand’s long-awaited direct rival to the likes of the Ford Focus and Kia Cee’d. It will start from £14,340 on the road for the 1.2 TSI petrol S model with 85bhp.

Volkswagen aims for lofty Beetle sales

The attractive new 2012 Volkswagen Beetle is expected to sell as many as 50,000 to 60,000 units a year in the United States. The car launches this fall. That level will be a big improvement over the latter years of the outgoing model, in which sales dwindled to just 15,000 a year, but it remains lower than the record figure of 83,000 achieved 18 months after the launch of the revised model.

Audi R8 V10 sells for $500,000 at charity auction

Which would you pay more for--a V10-powered Audi R8 or the new Ferrari California? At the third annual Boca Raton Concours d'Elegance in Florida last weekend, the Audi R8--the first one in the United States equipped with the 5.2-liter V10--was the winner in a charity auction, selling for $500,000, well above the car's sticker price of $180,000. Meanwhile, the Ferrari California was snapped up for $350,000, a bit more than the $225,000 sticker price.