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CEO says Volkswagen's buying spree is over

After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.
"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.

Volkswagen CrossBlue previews a three-row future, diesel-hybrid power [w/video]

Volkswagen looks to be getting ready to jump into the large three-row crossover game. The automaker has officially pulled back the curtain on the CrossBlue Concept at the 2013 Detroit Auto Show.
Designers and engineers penned the machine specifically for the Canadian and US markets, and with a plug-in diesel electric hybrid drivetrain, the hulking five-door, at least in concept form, should offer substantially better efficiency than anything else on the market. The drivetrain pairs a 2.0-liter turbo diesel four-cylinder engine with two electric motors for a combined output of 305 horsepower and a ludicrous 516 pound-feet of torque. A six-speed dual-clutch gearbox handles shifting detail, while one electric motor spins the front wheels. The second motor spins the back axle independently, make the CrossBlue a through-the-road hybrid.
As a result, the crossover can pop to 60 mph in 7.2 seconds. Perhaps more impressively, the CrossBlue can whir around on all-electric propulsion for up to 14 miles at up to 75 mph. Once the diesel four kicks in, the drivetrain can yield up to 39 mpg, though Volkswagen says the hardware can hit 89 MPGe on a full charge thanks to a 9.8 kWh lithium-ion battery pack. Check out the full press release below for more information.

Even 'basic' girls are tired of their cheating VW Jettas

Well, this didn't take long. Former Volkswagen CEO Martin Winterkorn's office probably hasn't even been packed yet, and the jokes about his scandal-ridden former employer have already begun to fly. Today, we'll be featuring the team from Funny Or Die, which has opted to not only skewer Volkswagen for its TDIsaster, but one of the victims of the company's catastrophe – the 'basic' girl. For those not in the know, "basic," according to Urban Dictionary is an adjective reserved for someone "devoid of defining characteristics that might make a person interesting, extraordinary, or just simply worth devoting time or attention to," and that they are "lacking intelligence and unable to socialize on even an elementary level." And when it comes to basic girls, the Volkswagen Jetta is as ubiquitous as a Starbucks Pumpkin Spice Latte. But with the VW controversy, basic girls are finding their Jettas aren't so good for their green credentials. So check out Funny Or Die's take on these scorned drivers, in the video above. And fair warning, there's a bit of foul language.