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Chrysler vows to rebuild SRT

Ralph Gilles promises that Chrysler Group will be "very choosy" about the cars and trucks that get the SRT performance badge. Gilles, recently named head of SRT, is charged with rebuilding the SRT unit, which languished when Chrysler was owned by Cerberus Capital Management. Three new SRT vehicles, versions of the Dodge Charger and Chrysler 300 sedans and the Jeep Grand Cherokee, will arrive in dealerships this fall, joining the Challenger SRT8.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

New VW Taigun SUV Concept moves production reality closer

The latest VW Taigun Concept (pictured) debuted in New Delhi The VW Taigun Concept – a new, very compact, SUV based on up! underpinnings – first made an appearance at the Sao Paulo Motor Show in Brazil in 2012 and looked to be not only convincing, but heading for production. By spring of 2013, VW’s Klaus Bishoff was saying the Taigun would go in to production and not just for emerging markets but for the UK and Europe too.