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Volkswagen to launch new large SUV in USA

Volkswagen has revealed plans to invest $7 billion (£4.2 billion) in North America, with the launch of a new SUV in 2016. The midsize SUV will take Volkswagen towards it goal of selling 1 million cars a year stateside by 2018. On Bing: see pictures of the Volkswagen CrossBlue concept Find out how much a used Volkswagen SUV costs on Auto Trader The seven-seat SUV is based on the CrossBlue concept, seen at the Detroit Motor Show last year.

Sold out: RM sells entire vehicle inventory at Hershey auction

RM Auctions recorded a 100 percent sell-through rate at its Vintage Motor Cars of Hershey (Pa.) event. With more than 140 vehicles featured, the auction house posted $8.8 million in total sales. There was worldwide interest for the cars as bidders on the phone and the Internet represented 18 different countries, including Argentina, Turkey and Australia.

Renault Zoe EV gets cheaper – but only if you hardly use it

Renault Zoe EV (pictured) battery lease dropes to £45 a month The Renault ZOE eEV is one of the most affordable electric cars in the UK, with prices from £13,345 (after tax-payer bribe) plus a monthly cost for leasing the batteries from Renault. A bit like buying an ICE car and paying a monthly lease for the engine. But despite the Zoe’s ‘affordable EV’ tag, Renault has not had overwhelming success with the Zoe in the UK since it arrived last year, so they’ve come up with some new incentives to get car buyers to opt for their electric supermini.