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Lexus prices the CT 200h at $29,995

Lexus Division said today it will price its entry-luxury CT 200h hybrid hatchback at $29,995, including destination charges, when it goes on sale in March. The CT 200h uses a version of the powertrain used in the Toyota Prius, and rides on the same platform as the more expensive Lexus HS 250h sedan. Lexus claims the vehicle will get 42 mpg in the combined driving cycle.

BMW set to go front-wheel drive

BMW chairman Norbert Reithofer has confirmed that the German carmaker will introduce a new front-wheel-drive entry-level model positioned and priced below the existing 1-series as part of plans to help increase part sharing and to bolster the potential for production savings between the BMW and Mini brands, thus bringing an end to the era of rear- and four-wheel-drive-only BMW models. Speaking to AutoWeek at the Geneva motor show, Reithofer said internal BMW studies revealed that despite the downturn in the world's economy, there was continued demand for what he described as "premium vehicles" in the small-car class, before officially acknowledging plans that will see BMW produce a rival to the recently unveiled Audi A1 and a new Smart Forfour presently under development at Mercedes-Benz. "We will be extending the BMW and Mini brands into the small-car segment with new models and variants," he said.

7 performance cars for less than $30,000 part two: Honda Civic Si vs. Volkswagen GTI

It's hard to fathom, but it's been more than a decade since the peak of the sport-compact craze saw modified Honda Civics cluttering the streets. Enthusiasts salivated over a Type R that wasn't (and still isn't) available on our shores, instead having to settle for the Si. Fast-forward to today and the debut of the ninth-generation Civic for the 2012 model year brings a new Si.