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Volkswagen Golf GTD Mk 7 revealed

The 2013 VW Golf GTD has been revealed ahead of a Geneva Motor Show debut with 181bhp, 67.3mpg and 109g/km emissions. The new VW Golf GTD get VW’s new 2.0 litre 4-cylinder diesel which offers an impressive 181bhp and a very decent 280lb/ft of torque, enough to get to 62mph in 7.5 seconds and on to a top speed of 143mph. The extra power (up 13bhp and 22lb/ft of torque) may mean better performance than the Mk 6 GTD, but it’s not at the price of poorer economy.

Early-build Ford GTs to cross the block at summer auctions

Their ancestors triumphed at Le Mans, and now two of the modern versions of the Ford GT are aiming for lofty finishes at summer auctions. The sixth and seventh Ford GTs built will cross the block at the Meadow Brook and Pebble Beach concours. And these are rare cars.

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.