Volkswagen Touareg

Volkswagen revealed the all-new Touareg at a launch event in Munich. The second generation SUV is longer than its predecessor, but also lighter and lower for improved efficiency. Significant aerodynamic work was undertaken to refine the design to achieve a lower Cd value.

CEO Krafcik leaves Hyundai, succeded by Zuchowski

Hyundai Motor America said John Krafcik will step down as CEO at year end, capping a five-year run during which he steered the Hyundai brand to record U.S. sales and market share. Krafcik will be succeeded by Dave Zuchowski, currently Hyundai's executive vice president of U.S.

Bugatti Veyron 16.4 Super Sport hits 268 mph

Bugatti is claiming a new production-car top-speed record with a combined two-run average of 267.9 mph (431.072 kph) with a new Veyron 16.4 Super Sport model, smashing the 253.76-mph record set by a standard Veyron 16.4 in 2005. It also betters the existing world-record mark of 256.23 mph (412.28 kph) established by Shelby SuperCars with its Ultimate Aero on a 12-mile stretch of road in Nevada in 2007. Confirming details of the attempt run under tight security at parent company Volkswagen's 13-mile Ehra-Lessien test track in late June, Bugatti says the new Super Sport set the record in the hands of its test driver, Pierre-Henri Raphanel, and under the auspices of officials from the Guinness Book of Records.