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It’s the Skoda Citigo, Skoda’s take on the VW Up!

Skoda Citigo If the latest addition to the Skoda range – the Skoda Citigo – looks familiar, that’s because it’s the Czech maker’s take on Volkswagen’s own city car, the VW Up! It gets a daft name too, but at least it doesn’t get the exclamation at the end. Sensibly, with a big chunk of the world falling in love with little cars designed for use in our congested cities (and about time too), Skoda has chosen to jump on the bandwagon quickly with its Citigo, with the baby Skoda arriving on its home turf – the Czech Republic – this year and the rest of Europe by Summer 2012.

AUTO SALES: GM, Ford, Honda, Toyota drag industry to 36% decline

General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since 1992.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.