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503-hp Volkswagen GTI concept headed to Worthersee?

Volkswagen has issued a series of official design sketches hinting at the appearance of a radical open-top concept car to be unveiled at the Worthersee fan meet in Austria on May 29. Called the GTI Roadster, the new two-seater was originally conceived as a virtual three-dimensional image in a joint cooperation between Volkswagen and Sony for inclusion in the PlayStation “Gran Turismo” video game series. But with enthusiasm for the low-slung roadster running high among its design team, Volkswagen has decided to turn it into a full-size concept in homage to a long history of GTI models.

Aston Martin IS up for sale. But you knew that.

The Kuwait Investment Dar – Aston Martin’s biggest shareholder – is seeking a buyer for its 64 per cent share of Aston Martin. Just over a year ago, we reported that Aston Martin was up for sale, even though AML were emphatic the company was doing well and not seeking a new owner. But now it seems a year or more of trying to find a buyer on the quiet has failed, so Aston Martin’s biggest shareholder - the Kuwait Investment Dar with 64 per cent – has instructed Rothschild to advise on the sale, according to Bloomberg.

Mercedes' GLK problem: Too many high-end models in the U.S.

Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.