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GM slashes production, 13 plants to get extended shutdowns

General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer.

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.

2010 Audi Hybrid Q5 coming to the U.S.

Audi will offer a hybrid version of its Q5 crossover in the United States starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group. In an interview Sunday at the Detroit Auto Show , Hatz said Audi must offer a hybrid model to compete with rival vehicles that already offer the technology, such as the Lexus RX 400H. The BMW X6 will be offered as a hybrid late this year, and Mercedes plans to roll out a hybrid in each of its major models starting with the S400 hybrid this year.