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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.

Subaru BRZ tease & new Subaru Hybrid concept at Tokyo

Subaru BRZ teased ahead of Tokyo We’ve seen speculation on the Subaru BRZ – Subaru’s version of the Toyota FT-86 – increase hugely as the arrival of the production version of the BRZ approaches at the Tokyo Motor Show in just a few weeks. The general consensus is that the BRZ will get something around 295bhp – after a Subaru spokesman said the BRZ will have ‘less than 300bhp’ – but we really have no idea how much more powerful the BRZ will be than the FT-86. So when we got an email in this morning with a teaser image for the production-ready BRZ, we thought maybe Subaru has decided to put us out of our misery.

Infiniti hybrid carries $54,575 sticker price

Infiniti has set a base price of $54,575, including shipping charges, on the 2012 M hybrid sedan. The luxury division of Nissan said the car will go on sale on March 16. The Infiniti M hybrid's powertrain mates a 302-hp, 3.5-liter V6 with a 67-hp electric motor.