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Volkswagen prices limited-edition Beetle GSR

Volkswagen is bringing back the yellow-and-black Beetle GSR for 2014, more than 40 years after the “Yellow Black Racer” (Gelb Schwarzer Renner) debuted for the first time. That car had around 50 hp; the new one will eclipse that by just a little bit. On sale today, the Beetle GSR will use VW's turbocharged 2.0-liter TSI engine making 210 hp and 207 lb-ft of torque.

House narrowly passes scaled-back 'cash-for-clunkers' bill

The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. The $1 billion cash-for-guzzlers proposal, modeled after successful programs in Germany and other European countries, is part of a $106 billion supplemental spending measure designed mostly to fund the wars in Iraq and Afghanistan.

Nissan future products: Focus is on technology

Nissan Division will be focused for the next few years not just on how to move its product line forward but also how to produce it less expensively. As the company embarks on a multiyear wave of new technologies and a brand-marketing campaign focused on innovation, it also is looking to bring down manufacturing costs through platform sharing, modular components and common parts. The first example of this new process is the redesigned Versa sedan, which will be assembled in Mexico.