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First details of new Volkswagen Golf revealed; GTi planned for Paris

Volkswagen has revealed the first details of its seventh-generation Golf--including a classy new interior--at a heavily cloaked press event ahead of the car's official unveiling in September in Berlin. The Golf, VW's perennial best seller, has raked in worldwide sales of more 29 million cars over 38 years of production. The new model, which is described as being up to 23 percent more economical than its predecessor, is planned to go on sale across Europe in November, replacing today's model, introduced in 2008.

2015 Aston Martin V12 Vantage S priced at $184,995

Aston Martin, known for making some of the best- looking cars on the road today, has released the pricing for its new 2015 V12 Vantage S sports car, placing it at $184,995. Check here for our story covering the release of the car from earlier this month, but we'll give you a quick refresher below. Propelled by a 6.0-liter V12 making 565 hp and 457 lb-ft, the car can sprint from 0-60 mph in 3.7 seconds and achieve a top speed of 205 mph.

Renault and Caterham to develop affordable sports cars

Renault and Caterham are to join forces to create new, more affordable sports cars under the Alpine badge. The two groups will establish a jointly owned new group – Société des Automobiles Alpine Caterham – under the leadership of Bernard Ollivier and will develop models to be sold as both Renault Alpine and Caterham. Tony Fernandes, Caterham Group Chairman, said: "We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true." At this year's Monaco Grand Prix Renault unveiled the Alpine A110-50 concept, which was seen as a relaunch of the brand despite it being essentially a reworked version of the Renault-branded DeZir concept from the 2010 Paris Motor Show.