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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.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.

Me and My Car: Achim Anscheidt and his Porsche 911 [w/Video]

You can tell a lot about a person from the car they drive. It can also be argued that you can tell a lot of about a car from who drives it, especially when that person is a respected designer, in this case the head of Design Bugatti Achim Anscheidt. In one of Drive's latest episodes features Anscheidt and his Porsche ‘Private Project' 911 around the streets of Berlin, discussing his take on minimalism in design and construction and how he feels about personal design projects.