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Skoda Rapid Spaceback stars at the 2013 Frankfurt Motor Show

The Rapid Spaceback - it sounds like the kind of name you'd give to the world's fastest car. Or some kind of spaceship. But no, the Rapid Spaceback is the latest offering from Skoda and it's making its debut right here at the 2013 Frankfurt Motor Show.

Chevrolet Volt prices announced

GM has revealed that the Volt hybrid could cost $33,500 (£21,000) in the US after government tax credits, making it nearly £2000 cheaper than Nissan’s Leaf electric car. The Volt’s List price is $41,000 (£26,300) but qualifies for a subsidy thanks to its low emissions. A basic Volt comes with Bluetooth and sat-nav but buyers can add leather seats and steering wheel, heated seats, rear camera, polished wheels and park assist.

Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.