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Bugatti won't build new car until Veyron is sold out

Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.

GM and PSA sign a global strategic alliance (2012)

GM and PSA Peugeot Citroen this evening announced a 'long-term and broad-scale global strategic alliance' which will see the three brands co-develop cars in Europe and, in some cases, globally. Opel/Vauxhall and Peugeot Citroen will start sharing vehicle platforms and components, with the first jointly developed models expected by 2016. The focus will be on small and medium sized cars, MPVs and crossovers, but could in future stretch to include vans and commercial vehicles.

Concept Car of the Week: Renault Vel Satis (1998)

The approach to the design of top end models varies greatly depending on the manufacturer's heritage and the cultural differences of each country. It might be a conventional combination of wood and leather for some, power and technology for others, but it is generally packaged into a three-box four-door sedan or two-door fastback. Renault on the other hand had a much more cutting edge vision of what a luxury automobile could be.