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VW picks Browning to head U.S. operations, reports say

Volkswagen has picked former General Motors and Ford manager Jonathan Browning to head its U.S. operations, reports said Sunday. Browning, 51, would succeed Stefan Jacoby, who left Volkswagen of America in June and last month became CEO of Volvo Cars.

Porsche Cayenne S V8 Diesel on the way

Porsche Cayenne S V8 Diesel on the way Porsche are planning to launch a V8 Diesel Cayenne S in Europe, expected to be based on the Touareg V8, to take on the BMW X5 M50d. The original Cayenne Diesel always seemed a bit of a let-down for a Porsche, even a diesel Porsche. The market imperative was there, no doubt, but the performance was not exactly stunning.

2013 Volkswagen CC prices start at $31,070

Volkswagen announced that pricing for its 2013 CC sedan will begin at $31,070. That's about two grand more than the 2012 model. For 2013, the coupe-look sedan will offer six trim lines: two sport, two luxury, an R-Line and the 4Motion Executive.