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VW releases sketch of U.S.-made sedan

Volkswagen of America has released a sketch of its new mid-size sedan that will go on sale in the fall of 2011 as a 2012 model-year car. The factory currently being built by VW in Chattanooga, Tenn., will start producing cars in the spring of 2011. Sales of the mid-size sedan will be at least 100,000 units annually at full capacity.

New 2012 Lexus RX 450h and RX 450h F Sport Geneva debut

Tease for the 2012 Lexus RX 450h Facelift The 2012 Lexus RX 450h facelift – and the RX 450h F Sport – will debut at Geneva 2012 before going on sale in the summer. Last month we reported that the 2012 Lexus RX 450h is on its way – together with an F Sport version – after scans from a JDM Lexus brochure leaked out. And now we’ll get the chance to see the new RX 450h at Geneva next week.

Still saving for a McLaren F1? You’ll need to try harder as they’ve hit £6.2 million

This McLaren F1 sold for $10 million The price of the McLaren F1 keeps on rising, and just last year F1 chassis #66 was sold by Gooding and Co in the US for a then record-breaking £5.42 million. But that record seems to have been broken. Ferrari specialists DK Engineering in Hertfordshire have just spent six months tracking down an F1 for a British buyer, culminating in chassis #28 being sold for a reported £6.2 million ($10 million).