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Holden shows Efijy concept at the Australian International Motor Show

Holden's designers and engineers have delivered a knockout showcar at last month's Australian International Motor Show in Sydney. The Efijy (effigy - n. a stylistic representation of someone or something famous) is a stunning nod to the classic 50s FJ Holden with steroid-fed hot rod lines.

Pininfarina to close manufacturing operations

Italian design and manufacturing house Pininfarina S.p.A announced it will be cutting back its operations, with the closure of its manufacturing facilities. The decision will see the brand now focusing solely on design and engineering aspects for the automotive industry. The move follows the recent completion of a partnership with Volvo, which saw the production of the C70 convertible at Pininfarina's Sverige AB plant in Uddevalla.

2012 Volkswagen Beetle to launch with Black Turbo edition

Volkswagen is borrowing a page from sister company Porsche and will turn to the color black to sex up the soon-to-arrive 2012 VW Beetle--and to draw attention to a preorder program launching this year. The Beetle Black Turbo edition follows in the lineage of Porsche 911s augmented with Black editions, and the VW will sticker for $25,720, including shipping. Power comes from a 2.0-liter four-cylinder rated at 200 hp and 207 lb-ft of torque, which is the same as the regular turbo Beetle--and VW's hot hatch, the GTI.