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2013 Skoda Octavia price & specs – costs from £15,990

Skoda has revealed prices and specifications for the new Octavia which will cost from £14,990 rising to £23,240. The new Skoda Octavia – Skoda’s new Octavia built on the new VW Golf platform – was revealed last month and goes on sale in March, so Skoda have had their abacus out to work out how much they want for a piece of new Octavia action. Starting point is the Octavia 1.2 TSi S which will cost £15,990, with the cheapest diesel – the Octavia 1.6 TDI S – starting at £18,040 and the range topping out with the Octavia 2.0 litre diesel Elegance at £23,240.

GM names Stracke to succeed Reilly as CEO of Opel/Vauxhall

General Motors on Thursday named global engineering chief Karl-Friedrich Stracke to replace Nick Reilly as CEO of its money-losing Opel/Vauxhall unit, effective April 1. Stracke will report to Reilly, 61, who continues as the head of GM's European operations and will be nominated to chair the Opel supervisory board. Stracke, a German native, has led GM's global vehicle engineering operations for the past 15 months.

Audi reveals A7 and S7 redesign for Europe

Audi revealed the redesigned A7 and S7 luxury fastback sedans in Europe on Friday. The cars get a sharper look all around and a revised powertrain lineup. The A7/S7 now has a single-frame grille, new bumpers, tailpipes and headlights.