Volkswagen has just taken the cover off an all-new concept called the Up! Lite, a sinister looking diesel hybrid that gets (according to VW) 70 mpg combined. As in both City and Highway. Impressive, even if that only ends up being 90 percent accurate. In fact, should Volkswagen decide to green light... 

Volkswagen promises to release the “Beetle of the 21st Century” by 2013. Those are some of the biggest shoes in the history of the automobile to fill, and VW plans to do just that with a new car based on the New Small Family architecture that was introduced on the original Up! concept that’s...