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Volkswagen OKs production of the Bugatti 16C Galibier, report says

Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project. The 16C Galibier would join the Veyron sports car in Bugatti's lineup. But Galibier production may not start for two to three years while Bugatti retools its boutique manufacturing plant in Molsheim, France.

EyesOn design awards 2012 winners announced at NAIAS

The Detroit-based EyesOn Design competition winners have just been announced at their traditional time, late on the second press day of the North American International Auto Show in Detroit. The jury, which this year included Ralph Giles (Chrysler), Derek Jenkins (Mazda), Lorenzo Ramaciotti (Fiat/Chrysler), Peter Schreyer (Kia) and Franz Von Holzhausen (Tesla) had a much greater array of products to choose from than in recent years; this is a somewhat rejuvenated Detroit auto show. From the cars on display at the show, the judges shortlisted the Ford Fusion, BMW 3-Series and Cadillac ATS for the best production car award.

Steering issue to prompt Lexus recall

Toyota is poised to recall nearly 4,000 Lexus luxury sedans in the United States, and 11,500 worldwide, to fix an issue with the car's steering. The recall will cover the Lexus LS, the flagship sedan of the Lexus lineup. The recall will also cover LS sedans sold in Japan, Europe and China.