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Audi announces 2015 A3 pricing

The last A3 we drove, an Irish-spec model with cloth seats and a 1.4 TSI engine paired with Audi's S-tronic twin-clutch gearbox, retailed for $54,495. Thankfully, American buyers won't face that sort of out-the-wazoo payment when the new sedan arrives early next year. Audi's announced a price that takes a direct shot across the bow of rival Mercedes-Benz' CLA: $29,900.

Toyota hands over small-car development to its European unit

Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.

Camaro poised to claim pony-car sales title over the Mustang for first time since ’85

With just weeks left in the year, Chevrolet’s hot-selling Camaro looks like a lock to win the pony-car sales title in 2010, topping the Ford Mustang for the first time in 25 years. So far this year--Camaro’s first full sales year since production ended after the 2002 model year--Chevy has sold 75,685 Camaro coupes. Mustang sales totaled 68,264 through the first 11 months of the year.