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Capitol Hill notebook: Obama defends autos, Akerson defends the Chevrolet Volt

Less than 10 hours after President Barack Obama wrapped up his third State of the Union address, manufacturing and automobiles continued to command the spotlight on Wednesday in Washington. The day began with General Motors CEO Dan Akerson defending the Chevrolet Volt before a U.S. House committee hearing, saying he didn't want it to become a "political punching bag," according to testimony provided by the company.

Bristol Cars goes Bust

Bristol Fighter - Bristol Cars are in Administration I know, you didn’t even know they still existed. They do, but for how much longer is anyone’s guess as Bristol Cars calls in the administrators. Which is a real shame; a proper, eccentric British car maker finding it impossible to make enough sales to pay the bills, when there seem to be enough batty billionaires to buy the worst atrocities the world’s pimpers can muster (much the same problem afflicted Overfinch).

2013 Volkswagen Beetle diesel starts at $24,065

The diesel-powered 2013 Volkswagen Beetle will carry a sticker price of $24,065 including $770 in destination charges when it arrives in dealerships in August. It will be the first diesel Bug to hit the United States since 2006. The 2.0-liter turbocharged oil burner will join the naturally aspirated 2.5-liter five-cylinder engine and the 2.0-liter turbocharged gasoline engine in the lineup.