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Toyota teases new 2014 Aygo city car

This is the initial teaser image of the new 2014 Toyota Aygo, set to make its first public appearance at the 2014 Geneva Motor Show next month. The Japanese firm is yet to reveal any details on its new city car, but we do know that it has once again been developed in conjunction with Peugeot and the French firm’s latest 108 compact urban hatchback. On Bing: see pictures of the 2014 Toyota Aygo Find out how much a used Toyota Aygo costs on Auto Trader Just like the previous Aygo, the new car will share its chassis and engine line-up with the latest Peugeot.

VW exec Jacoby reportedly heading to Volvo

Volkswagen of America said it is in talks with CEO Stefan Jacoby, who reportedly has been tapped to run Volvo Car Corp. In the meantime, VW has temporarily named two executives to take over Jacoby's duties, the German automaker said in a statement Thursday. "We are holding contract talks with Stefan Jacoby," the statement said.

News watch October 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.