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Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.

Toyota teases new 2014 Aygo city car

This is the initial teaser image of the new 2014 Toyota Aygo, set to make its first public appearance at the 2014 Geneva Motor Show next month. The Japanese firm is yet to reveal any details on its new city car, but we do know that it has once again been developed in conjunction with Peugeot and the French firm’s latest 108 compact urban hatchback. On Bing: see pictures of the 2014 Toyota Aygo Find out how much a used Toyota Aygo costs on Auto Trader Just like the previous Aygo, the new car will share its chassis and engine line-up with the latest Peugeot.

Nissan wins New York taxi bid

Nissan won the fight for an exclusive 10-year contract to design and supply the next generation of taxis for New York City, starting in 2013. "The new taxis will be custom-designed to meet the specific demands of carrying 600,000 passengers a day in New York City traffic," Mayor Michael Bloomberg said Tuesday. "The vehicle meets the top priorities identified by the public in our online survey." Nissan was battling Ford Motor Co.