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New Lexus IS to debut at 2013 Detroit Auto Show

The new Lexus IS - previewed at this year’s Paris Motor Show by the Lexus LF-CC Concept – will debut at the Detroit Auto Show in January 2013. Lexus effectively previewed the new IS with the Lexus LF-CC Concept (above) at the Paris Motor show in September (although that really previews a new Lexus IS Coupe to follow) so we know the new IS is going to follow the current Lexus path of producing good looking cars (like the latest Lexus GS). This time round it looks like Lexus are going to offer a hybrid IS 3000 as the route to the heart of fleet buyers in Europe with a 2.5 litre petrol four-cylinder mated to the usual box of batteries and motor, all running through a CVT ‘box (sadly).

Ferrari World Record at Silverstone Racing Days

Ferrari F1 driver Felipe Massa led a parade of 964 Ferraris to claim a new world record at Ferrari’s 2012 Racing Days at Silverstone. Ferrari Racing Days have been back at Silverstone this weekend, for the first time in 5 years, and to celebrate the occasion Ferrari has managed to claim a new world record for the number of Ferraris on track at any one time. When the last Ferrari Racing Days outing was at Silverstone, in 2007, Ferrari managed to garner 385 of Maranello’s finest to parade round Silverstone’s track for a new world record, but that record was broken later that year by Ferrari in Japan with 485 cars.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?