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MPG or performance: It's a trade with turbos

Some automakers say turbochargers offer high fuel economy and quick acceleration, the best of both worlds. Well, yes and no. Turbocharged vehicles allow automakers to keep power output high while they downsize engines for better fuel economy.

Mitsubishi revamps U.S. strategy

Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.

Volkswagen to enter F1?

VW already competes in Formula Three But we’re hearing reports that VW is considering going in to Formula 1 which – with manufacturer teams leaving willy-nilly – does perhaps seem a bit odd. And VW has no F1 history to speak of. Yes, Auto Union did participate in Grands Prix pre-war, Porsche had a very minor bash decades ago and Lamborghini has offered up a few engines for other teams.