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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.

Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.

Renault Alpine A110-50 to be developed with Caterham

It seems the impressive Renault Alpine A110-50 is heading for production with Caterham, not Lotus, as development partner. Which is part of the reason Renault want a partner on-board to help with development and production of the Renault Alpine A110-50 – a new Alpine based on a Megane platform with a DeZir body – and turn it, hopefully, from a track concept to the first Alpine for the road in twenty years. It had been mooted that Renault were eyeing up Lotus to partner on the Alpine A110-50, but according to a report from Autocar they are instead working with Caterham to bring the A110-50 to life.