Volkswagen and Apple are rumored to be involved in a concept iCar. The deal would probably be something like Ford Motor Company and Microsoft reached in April. Steve Jobs and Volkswagen's chief Martin Winterkorn met several days ago in California and plan future meetings on getting a deal done.

This would be a major win for both companies as this would be coveted by younger generations and have an instant "cool factor". Imagine a if they marketed the iCar with a Beatles theme, the iCar is a Volkswagen Beetle and they marketed to baby boomers and the generation Y.