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VW's premium unit Audi reaffirmed its full-year forecast for a rise in revenue and earnings that reflects an increase in sales to a record 1 million vehicles, it said on Wednesday. Turnover in the first nine months gained 2.1 percent to 25. Read more ...

Mitsubishi Motors Corporation (MMC) has revised down its full fiscal year (to 31 March 2009) forecasts for sales, operating income and ordinary income but left its net income prediction unchanged. Read more ...

2008 Volkswagen Scirocco 1.4 TSI

Automobile Magazine's only Scirocco owner drives the new Scirocco in Germany.

Scirocco? Isn't that some Car my Father Drove?
I admit that I'm probably not the most objective person in the world when it comes to the new, European-market Volkswagen Scirocco, as I have a 22-year-old Scirocco sitting in my garage. It's covered, sleeping quietly in safety, and in the eleven years I've owned this VW, it's never been kicked out of the garage, come hell, high water, or $200,000 Aston Martin test cars that happened to be in my possession. I'm so fond of the Scirocco because I love the GTI, and the Scirocco is simply a GTI with more... GTI.

Photo Gallery: 2008 Volkswagen Scirocco 1.4 TSI - Volkswagen Sport Hatchback Review - Automobile Magazine

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PSA/Peugeot-Citroen CEO Christian Streiff outlined a plan on Wednesday for temporary closures at its plants this year due to the economic slow-down. Read more ...

The European Commission is ready to support the car industry and help it achieve EU targets to curb CO2 emissions despite the economic crisis, EU Commission President Jose Manuel Barroso said on Wednesday. Read more ...

The European Commission is ready to support the car industry and help it achieve EU targets to curb CO2 emissions despite the economic crisis, EU Commission President Jose Manuel Barroso said on Wednesday. Read more ...

The hybrid versions of the Ford Fusion and Mercury Milan sedans that start production in December should give drivers who like electric cars a nice jolt. Read more ...

Porsche's PCM 3.0 communications system has been hailed as 'exceptionally user friendly' and given an award for its design, development and ease of use. PCM 3.0 is the central control unit for all audio, navigation and communications functions in the German automakers vehicle lineup. It's just won the USE-WARE Award from VDI/VDE-Gesellschaft Mess-und Automatisierungstechnik, in recognition for providing owners with simple, quick access to functions that keep them on course, entertained and in touch. Read more ...

Oakville, Ontario - There was a time when the color black played a major role at Ford. However, from what I've seen on a recent tour of the company's Oakville Assembly Plant, green is becoming the prominent color nowadays. Yes, Ford is ramping up its Eco-friendly Fumes-to-Fuel program and will soon be turning emissions into "green energy". Read more ...

Nelson Piquet has admitted he might lose his Renault Formula 1 seat because the team is under pressure to sign a French driver in 2009. Read more ...

When he swipes his paddock pass and enters the Interlagos paddock on Thursday, championship contender Felipe Massa will undoubtedly recall 1999. Read more ...

The fate of a possible government rescue package for the Canadian grand prix is expected to be announced this week. Read more ...

The Canadian Car of Year named by the members of the Automobile Journalists Association of Canada (AJAC) arouses, year after year, a considerable number of comments. But if the vote isn't unanimous, it's not for lack of an honest selection process or a degree of professionalism that is the envy of many other similar associations out there. Read more ...

To complete the 2008 season, Formula BMW Americas will hold Rounds 16 and 17 as under card to the Brazilian Grand Prix on October 31 - November 2. Read more ...

The next few days could change the way things are. Two major events - a Grand Prix and the U.S. elections - could mark a new beginning. Read more ...

Three weeks after a double helping of Mediterranean asphalt, the WRC moves 9000km east and back to gravel roads for the 14th and penultimate challenge of the year, Pioneer Carrozzeria Rally Japan, which starts on Thursday 30 October. Read more ...

Champion's parents to wave Brazil Grand Prix chequered flag, and a white livery for Coulthard's Red Bull in his last career race. Read more ...

Honda's restyled their Element to bring its looks in line with the new fascia found on their heavier duty machinery like the Ridgeline and Pilot. The exterior should keep fans of the flexible and adventurous model happy- as it's still instantly recognizable as an Element from any angle. However, the application of a more athletic grille, chunkier bumpers, blocky fenders and revised head and taillights give it a more confident and capable look. Read more ...

This week, Auto123.com featured the following vehicle road tests: The BMW M3, a powerful sedan that thumbs its nose at Ferrari. The Mazda CX-9, the ideal partner to haul around your little pack of Cub scouts. The 2009 Nissan Maxima 3.5 SV Sport, an undeniably sporty sedan marking a return to the Maxima's roots. On a different note, we invite you to check out our video taken at the annual get-together of the automobile journalists of Canada, held last week at Niagara-on-the-Lake in Ontario. Don't forget that Auto123.com is also a team of specialized motorsports journalists that offers detailed, daily coverage of all important Canadian and international championships. Read more ...