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Audi puts a price on its 2012 V8 S Models – S6, S7 & S8

2012 Audi S8 - costs £78k Audi’s new V8 – shared with Bentley – arrives in the UK in the guise of the 2012 models of the S6, S7 & S8. Prices from £53,995 to £77,900. Audi, just as most other car makers are doing, is down-sizing its cylinder count and upping its reliance on forced induction as it seeks to cut emissions and improve fuel economy (well, official figures, anyway), which has meant the end of the 5.2 litre V10 in its ‘S’ models.

Chevy and GMC pickup trucks pile up on dealer lots

General Motors entered December with bloated inventories reminiscent of its prebankruptcy days-and its lowest market share in 90 years. GM will try to fix both problems in a hurry. Dealers say the company has begun rolling out bigger discounts on many models, including the redesigned Chevrolet Malibu sedan and GM's full-sized pickups.

Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.