Car News

Volkswagen has offered €830 million (AU$1.34 billion) in compensation to German vehicle buyers affected by its 2015 emissions scandal. As reported by Reuters, the offer comes after the Volkswagen Group – parent company for Audi, Skoda, and Porsche – failed to reach an agreement during negotiations with German consumer association, VZBZ. Volkswagen is now looking to settle with German customers directly, extending the offer to those who registered for compensation through the VZBZ.

Toyota is set to unveil its new Yaris-based hybrid SUV crossover at the 2020 Geneva motor show in March. The new B-SUV will be built on the TNGA-B platform used for the Yaris and GR Yaris, and as such is likely to utilise the former's hybrid powertrain. That means it should receive the 1.5-litre engine and hybrid system used in the Yaris, rather than the 1.8-litre engine found in the 2020 C-HR Koba Hybrid.

The 2020 Porsche 911 Turbo S has been leaked online ahead of its debut at the Geneva motor show next month. First published by Autoblog.nl after appearing on Instagram, the images reveal what we expected: the new 911 Turbo S will run with a mildly reworked front end, have fat air intakes on the rear haunches, and feature a more prominent rear spoiler in place of the standard car's pop-up unit.

EXCLUSIVE The Chevrolet Camaro muscle car could replace the Holden Commodore on the racetrack and go head-to-head with the Ford Mustang as early as next year's V8 Supercar championship according to a secret proposal seen by CarAdvice. The rollout of the local racing program for the American Camaro is part of a confidential plan to establish a new niche brand called General Motors Specialty Vehicles (GMSV).

In the wake of Holden's exit from Australia, its major competitor, Ford, has seized the opportunity to reiterate its commitment to the market, telling the Federal Government it's planning further investment and suggesting it may absorb some of Holden's former staff. Yesterday, Holden's US parent company, General Motors, announced it would cease selling cars in Australia by 2021, with the closure of its local head office, test track and engineering and design locations planned for mid-year.