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Audi RS3 is revealed, packs 340 hp

WITH VIDEO -- Audi has finally come clean on its RS3 Sportback, revealing photos and information about the four-door hatchback planned for European sale next March. The RS3 uses a turbocharged 2.5-liter inline five-cylinder direct-injection gasoline engine borrowed from the TT RS. The RS3 Sportback will not come to the U.S.

The next McLaren supercar will be called the 650S

We've known that McLaren has a pair of additional models in the works, including a Porsche 911-fighting, 12C-based sports car known only as the P13 and another car positioned between the 12C and the P1. Previously, we'd heard the code name “P15” tossed around in reference to that latter car, but McLaren has officially christened it the 650S ahead of its world debut at the upcoming Geneva motor show. According to the automaker, the 650S “takes learnings from both the 12C as well as the sell-out McLaren P1 [ed note: there has to be a better way to say that] and will be positioned between the two on McLaren Automotive's supercar grid.“ We liked the 12C, and we really, really liked the P1.

Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.