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VW to build engine plant in Mexico to supply Tenn. factory, source says

Volkswagen AG plans to announce Wednesday that it will build an engine plant in Mexico to supply vehicles assembled in North America, a source at the company's assembly plant in Puebla said. A VW spokesman confirmed that the company will make an announcement but declined to say what it will concern. The new plant will supply an existing VW plant in Puebla, 75 miles southeast of Mexico City, and one being built in Chattanooga, Tenn., the source said.

Businessman opens private toll road

THE BUSINESSMAN behind a private toll road by-passing a closed commuter route is confident he will not have to sell his home if the venture fails. Mike Watts, 62, has until Christmas to recoup his £300,000 investment or face losing his house. He is charging motorists £2 per journey to use his bypass made from rolled chippings and avoid the closed section of the A431 between Bath and Bristol.

Frankfurt Motor Show news review: making sense of the 2013 IAA show

Newspress Frequently the car that attracts people’s attention at motor shows is an exotic-looking beast that everyone ‑ creators included ‑ know will never see the grind of a production line. Unusually, at the 2013 Frankfurt Motor Show press day, the car on everyone’s lips was a model that many journalists have already driven, and for which dealers are already taking orders: the BMW i3. With its skinny tyres and boxy, upright stance, the all-electric model isn’t as easy on the eye as the usual headline-grabbers.