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Volkswagen to add compact four-door coupe to its lineup

Volkswagen has hatched plans for a second four-door “coupe” model as part of a strategy to shore up its North American and Chinese market shares while providing a suitable addition to its European lineup. To be positioned underneath the recently facelifted CC, the new four-seater is set to form part of the Jetta lineup, joining successors to today's sedan and wagon models in an expanded three-model range. They're all set to hail from Volkswagen's Puebla plant in Mexico, the same site responsible for the newly launched second-generation Beetle.

Are BMW & Hyundai planning joint engine development?

Are BMW & Hyundai talking engines? Reports are rife that BMW and Hyundai are in talks about co-operation on development of a new range of engines. The German press kicked it off yesterday and now Reuters have got in on the act with their own sources apparently confirming talks between BMW and Hyundai over the joint development of a new range of engines.

Families spending less on transport - new figures revealed

THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.