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Toyota announces prices of the Prius V and Prius Plug-in hybrid

Toyota announced pricing of the new Prius V and Prius Plug-in on Friday. The new compact V wagon will carry an MSRP of $27,160, while the plug-in hybrid stickers at $32,760. Both include $760 in destination and handling, but only the plug-in is expected to qualify for the $2,500 government tax credit.

Volvo You concept is the shape of things to come

The sleek Volvo concept unveiled at the Frankfurt auto show is headed to production, said Volvo Chairman Li Shufu. "The board has approved production of the concept, known as You, but the timetable has to be finalized,'' Li said during an interview at the Frankfurt auto show. He said it will be "somewhere around 2015." It's part of the plan by Chinese owner Zhejiang Geely to move the Volvo brand upscale.

New BMW M5 & M6 Competition Package & new 518d prices revealed

The competition package for the new M5 & M6 costs from £5,500 The arrival of the newly refreshed BMW 5 Series saw the arrival of a new entry-level point – the 518d – and the option at the other end of the scale of a Competition Package for both the M5 and M6 (in all three varieties). Now, BMW has decided how much they are going to cost you. The Competition Package for the M5 and M6 comes in a bit steeper than we’d expected (we reckoned it would cost around £5k), with the cheapest option being on the M6 Gran Coupe £5,500) and the most expensive on the M5 saloon (£6,700).