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VW plans to sell Polo in U.S.

Volkswagen plans to sell its Polo small car in the U.S. VW development chief Ulrich Hackenberg said the automaker plans to sell the car in the U.S. to take advantage of American buyers' increasing enthusiasm for smaller, fuel-efficient cars.

Spyker slaps GM with $3 billion lawsuit

Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.

Toyota FT-1 Concept revealed – it’s a new Toyota Supra (video)

Toyota FT-1Concept revealed – it’s a new Toyota Supra Toyota teased us with a concept photo back in December that looked like it was previewing a Supra for the 21st century, and it’s been revealed today at the Detroit Auto Show as the Toyota FT-1 Concept. The FT-1 Concept is the result of Toyota’s Calty design studio in California to create the ultimate sports car and, say Toyota, is a strikingly modern design that makes reference to past Toyotas like the  2000GT from the 1960s. Toyota aren’t making any claims for the FT-1′s powertrain yet (FT stands for ‘Future Toyota’ and the ’1′ the ultimate) and comes with a front engine/ rear wheel drive configuration, with a cockpit set back within the wheelbase and wraparound screen.