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Volkswagen chief: No. 1 in the world by 2018

Volkswagen chairman Martin Winterkorn reaffirmed his company's ambitious and audacious goals on Wednesday night on the eve of the Paris motor show: pass Toyota and General Motors for the title of world's largest automaker in 2018. Winterkorn was the final speaker after an event that featured unveilings from each of the German conglomerate's brands. He said his company wants to record total sales of 10 million in eight years, which would vault it pass the current levels of global leaders Toyota and GM.

Audi hosts student workshop in Design UNIverse

Audi has hosted a Design UNIverse event in Ingolstadt as part of its plan to support the next generation of automotive designers. 42 student designers from four European universities were challenged to create models of a futuristic Audi that embodies the idea of "Vorsprung Durch Technik" while working closely with designers and discussing trends and how to create emotional products. The students – from the Academy of Fine Arts and Design in Bratislava (Slovakia), Scuola Politecnica di Design in Milan (Italy), the Offenbach University of Art and Design (Germany) and the Royal College of Art London (Great Britain) – created 46 different models.

Hyundai Genesis, Ford F-150 win awards at the Detroit auto show

On Sunday of the Detroit Auto Show, Hyundai Genesis won the 2009 North American Car of the Year award, nipping the Ford Flex by a miniscule nine-point margin. The redesigned Ford F-150 pickup, the odds-on favorite in the truck category, was named 2009 North American Truck of the Year. Genesis beat out the Flex and the third-place finisher, the Volkswagen Jetta TDI, despite being the first Korean car ever nominated for the award.