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Hyundai moving beyond 'value' brand reputation

Hyundai's U.S. boss says the brand is changing from a "value" brand into a "valuable" brand. John Krafcik, CEO of Hyundai Motor America, said the brand is quickly shedding its roots as a purveyor of new cars for used-car prices and becoming a major player in the global industry.

2011 Audi R8 GT, an AW first look

Three years after it burst onto the supercar scene, Audi has unveiled a hard-core version of its R8 called the GT. Based on the existing mid-engine R8 V10 and incorporating aerodynamic, weight-saving and mechanical developments used by the company's R8 LMS GT3 race car, Ingolstadt will build just 333 copies of the new 560-hp four-wheel-drive performance flagship. Pricing has not yet been revealed, but given the extent of the changes to the new two-seater, buyers should expect a hefty premium over the R8 V10's $147,000 price tag when the GT goes on sale in North America.

Nissan Extrem concept

Nissan has unveiled its Extrem concept at the Sao Paolo motor show, a two-door 2+2 crossover that previews future Nissan design cues. The Extrem concept was designed at Nissan Design Center (NDA) in San Diego, California, in collaboration with Brazilian designers but much of the creative time was spent in Sao Paolo. "We call it Baby Beast," said Robert Bauer, Senior Design Manager for the project at NDA.