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2012 Volkswagen Passat priced at $20,765

The all-new 2012 Volkswagen Passat, looking to be a big player in the highly competitive midsize segment and the first car to be built at a new Chattanooga, Tenn., assembly plant, will come to market this fall with a base sticker price of $19,995, plus $770 destination charge. The 2012 Passat will be sold with three powertrains and a variety of equipment levels. “The 2012 Passat is a true Volkswagen, offering German engineering, class-leading standard features and superior fuel economy, all for a remarkable value,” said Jonathan Browning, CEO of Volkswagen Group of America.

Porsche Macan to get VW 4-cylinder engines in 2014

The new Porsche Macan (pictured) will get 4-cylinder engine options in 2014 The new Porsche Macan arrived officially just a few weeks ago, complete with a choice of six-cylinder petrol and diesel engines and prices starting at £43k. But that’s just the start. Porsche has now confirmed that, before the end of 2014, the Macan will get some more affordable engine options with both petrol and diesel 4-cylinder engines finding their way under the Macan’s Cayenne-esque bonnet.

Fiat's Marchionne says he won't walk away from Chrysler deal

Fiat S.p.A. will not walk away from its plan to buy bankrupt Chrysler LLC, CEO Sergio Marchionne told Bloomberg after a U.S. court delay threw the deal into doubt.