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Nissan debuts Sport Sedan Concept at Detroit auto show

Nissan introduced the Sport Sedan Concept to go along with its IDx twins at the Detroit auto show on Monday. The company says the sleek four-door embodies the next-generation design cues, including the V-Motion front end, floating roof and boomerang headlights. “The Sport Sedan Concept shows a new, highly emotional and energetic design direction that takes Nissan's approach of applying sports-car principles to a sedan to the next level,” said Nissan vice president Shiro Nakamura.

Audi to build cars in Mexico

Volkswagen Group has settled on Mexico as the location for a factory for Audi. The Audi supervisory board decided in favor of Mexico over a site next to VW's factory in Chattanooga, Tenn., which opened last year to build the VW Passat. The Mexico plant will provide a boost to the VW Group’s sales prospects and manufacturing operations in North America, where its light vehicle output rose 25 percent in 2011 to a record 542,363 units.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.