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Volkswagen plans 4 million cars from one platform

Volkswagen is pushing the global-platform concept to a level unprecedented in the auto industry, introducing a modular platform this summer that eventually will be the basis of microcars, sedans, crossovers and SUVs for its four largest brands. While automakers now share platforms across brands and sometimes even segments, the VW initiative that starts this summer is far more ambitious than anything seen so far. By 2017, some analysts estimate, the MQB platform that debuts with the Audi A3 eventually will be used in 4 million units a year--close to half of VW's annual production.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

Ford confirms Focus RS prices

Ford Focus RS 2009 prices announced When the Ford Focus RS hits UK car showrooms in March, it will cost £24,995, with a 0-60 of under 6 seconds and over 300bhp. The base price include goodies such as 19″ forged alloys, xenon headlights, aircon and a Thatcham cat 1 alarm. For an extra £750 you can have a climate pack which includes auto lights and wipers, and for £1500 you get a clever touch-screen satnav.