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2012 Volkswagen Passat priced at $20,765

The all-new 2012 Volkswagen Passat, looking to be a big player in the highly competitive midsize segment and the first car to be built at a new Chattanooga, Tenn., assembly plant, will come to market this fall with a base sticker price of $19,995, plus $770 destination charge. The 2012 Passat will be sold with three powertrains and a variety of equipment levels. “The 2012 Passat is a true Volkswagen, offering German engineering, class-leading standard features and superior fuel economy, all for a remarkable value,” said Jonathan Browning, CEO of Volkswagen Group of America.

BMW cancels CS four-door coupe

By Ben Whitworth Motor Industry 05 November 2008 15:00 If you think America’s Big Three are finding market conditions tough, Europe’s finest are sagging on the ropes, too. This week BMW announced it was axing the radical CS four-door coupe – this, after its recent cancellation of the X7 – while Mercedes recorded a 25% drop in North American sales this month. No indeed.

Ford and Shelby pair up on GT 'R Model'

Ford and Shelby collaborating on a Mustang isn't news, it's the norm. But when they're doing something they haven't done in more than 40 years, and the price tops $100,000, it must be something special. In 1965, 37 Shelby GT350 "R Models" were tearing it up at autocross tracks across the country.