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Volvo You concept is the shape of things to come

The sleek Volvo concept unveiled at the Frankfurt auto show is headed to production, said Volvo Chairman Li Shufu. "The board has approved production of the concept, known as You, but the timetable has to be finalized,'' Li said during an interview at the Frankfurt auto show. He said it will be "somewhere around 2015." It's part of the plan by Chinese owner Zhejiang Geely to move the Volvo brand upscale.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?

Pagani teases new C9 V12 supercar

Pagani has just released a second teaser video that previews its new supercar; currently known by the internal codename C9, the latest rumour doing the rounds is that Pagani has registered the name Huayra for its Zonda successor. Pagani will unveil the new C9/Huayra at the Geneva motor show in March 2011 – it’s powered by a twin-turbo, AMG-developed V12 engine. You can watch the videos at www.deusventi.com – there are three more to come before the new Pagani is officially unveiled.