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Infiniti Q30 concept rendered ahead of Frankfurt motor show reveal

Infiniti has released a rendering of its upcoming Q30 concept, which will be unveiled at this year's Frankfurt motor show in September. The Q30 concept is intended as a contemporary design vision for a future compact vehicle from the brand. "This Infiniti Q30 concept is a prelude to the product portfolio expansion which underpins our aggressive global growth strategy," said Johan de Nysschen, Infiniti president.

2011 Volkswagen Jettas to be sold for $5,995 each--really

Volkswagen is selling three 2011 Jettas through Gilt Groupe for $5,995--slashing the “1” from the usual $15,995 starting price. One car will be sold at noon Eastern time for three days starting on Dec. 15 in the flash sale.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.