2010-01-06: Volkswagon Prioritise Next-Gen Boxster/Cayman

German giant Volkswagon have cancelled their contract with Magna with immediate effect, to build the next-generation Porsche Boxster and Cayman. Instead, Volkswagon will now move the production of the new models to a former Karmann factory in Osnabruck, which VW bought in November of last year.

The move from Magna to Osnabruck is one of the first physical effects of Volkswagen's ownership of Porsche since it got hold of 49.9 per cent of Porsche's sports car business in early December.

The new car, which is due to hit showrooms in late 2011 or early 2012, is likely to share the Osnabruck facility with an all-new VW Golf Cabriolet, or possibly a production version of VW's mid-engined Bluesport Roadster concept.

2009-12-14: Man drives 'world's most desirable car' into a lake

If you were still unsure about the risks involved in driving while using a mobile phone, consider the plight of the Texan man who drove his Bugatti Veyron into a lake.

According to police, the man, who has not been named (probably because he's too embarrassed to say), was 'distracted by a bird' while driving by salt marshes near Galveston, Texas. When a low-flying pelican flew near his car, he dropped his phone, reached down to pick it up and drove into the salt marsh. Fortunately the driver emerged from the three-foot deep pool with only his dignity and bank balance hurt. He has stated that he was not actually talking on his phone at the time.

There are only 15 Bugatti Veyrons in the United States and the man had reportedly only bought it in October 2009 from a dealer for over one million US dollars. It's not a total loss for the hapless owner though, because according to reports he's already become popular among celebrities as a result of the crash - claiming that Arnold Schwarzenegger called him when he heard the news.