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South Korea’s Kia Motors said Friday it will recall certain Spectra LD vehicles from the 2004-2007 model year in the United States over a corrosion issue that could cause the fuel tank to fall from the car. The recall covers 58,322 Kia Spectra models build from November 7, 2003, through March 6, 2007, and sold or currently registered in states that rely heavily on road salt to melt ice in the winter.

In keeping enthusiasts on their toes, Toyota’s European division came out with a new release today on its upcoming FT-86 sports coupe. The Japanese automaker confirmed that the production version will go on sale in 2012 with power coming from by Subaru‘s new 2.

The roller coaster that is Saab has taken another turn, and unfortunately for the Swedish brand, the future doesn’t look so bright. In spite of a tentative agreement to let Russian banker Vladimir Antonov invest 30 million euros in Saab’s parent company Spyker in return for a 29.9 percent stake, the investment still needs to be approved by the European Investment Bank, which means the Swedes are still short on cash and cannot resume full production.

Not to be outdone by GM and its Cadillac brand, which had recently published some fresh statistics about its all-wheel drive model sales in the States, Ford’s Lincoln division came out with a similar announcement to increase awareness and do some show off. Ford’s premium brand offers all-wheel drive as an option on all five models of its range, including the MKT, MKS, MKZ, MKX and the Navigator.

While BMW is still keeping mum on when it will bring its smallest crossover model over to the States, Carscoop reader, Nick K., who is always alert for new models on the road, snapped this picture of the X1 dressed in an M Sport outfit during his daily maneuvers in Long Beach, California. “I saw this BMW X1 driving in Long Beach today followed by 3 5-Series BMW’s. It had specially marked plates and it was beautiful,” Nick told Carscoop.

In what could be one of the first public sightings of the brand new 2012 Volkswagen Beetle outside of a motor show, Youtube user JWalters84 passed by and filmed his short encounter with the car on a road in Laredo, Texas. What was it doing there? Well, who knows, but it’s safe to assume that it’s probably a pre-production model used either by dealers or by VW Group employees since sales of the third generation of the Beetle in the USA will not start until September.

Nestled somewhat innocuously behind a golf course in Pine Rivers Shire, South East Queensland, Australia, is historic Lakeside Park Raceway. It holds the distinction as the Queensland’s first permanent, purpose-built racetrack and has sat – for fifty years – on the banks of Lake Kurwongbah. It is a monument to both motorsport and Australia’s can-do attitude, having been built on a foundation of favors, borrowed equipment and volunteer labor – not to mention a former dairy farm.

Today we get our first look at the second, full-length theatrical trailer for Michael Bay’s upcoming blockbuster film, “Transformers: Dark of the Moon”. The brand new trailer provides us a deeper look into the story, characters and the action we can expect to see in the third and possibly final chapter in the Transformers franchise.

At the 2011 Shanghai Auto Show, Chinese automaker Geely displayed an interesting concept car called McCar, whose funny name reportedly stands for “Magic car” and “Motorcycle Car” , and has nothing to do with the famous chain of fast-food restaurants – unless you take into consideration the

In 1976, just two years after the introduction of the original Golf Mk1 that was designed to replace the Beetle, Volkswagen presented the first diesel version of its compact model, the Golf D. It was powered by a 1.5-liter four-cylinder diesel engine that put out 50HP at 5,000 rpm and 80Nm (59 lb-ft) of peak torque at 3,000 rpm.

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