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Volkswagen has plans for yet another Beetle

The Volkswagen Beetle is on its way back, and this time around, it will be focused more on driving dynamics than on efforts to resurrect the past. Expected to appear in concept form at the Los Angeles auto show late this year, the second-generation version of the modern-day Beetle goes on sale in the United States in May 2011. A convertible with a fabric top will follow about a year later.

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Chevy, Michigan Tech unveil a different kind of racer

At the 113th Army-Navy Game on Dec. 8, Chevrolet and students from Michigan Technological University unveiled a new hand cycle designed to make it easier for wounded vets to compete in racing events, including marathons. General Motors CEO Dan Akerson said GM will build 10 prototypes for use by the Achilles Freedom Team of Wounded Veterans in marathons across the country.